RRL regis resources limited

Quick question,Apart from tropicana and McPhil, is the reason...

  1. 1,826 Posts.
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    Quick question,

    Apart from tropicana and McPhil, is the reason that mine life hasn't been extended due to disappointment in drilling or lack of drilling?

    I have started re entering below $2.70 and building a position, tropicana is a good resource even though we over paid, RRL is still making good margins even though costs have risen and the hedging overhang will be here a while. McPhil will be approved at some stage IMO but we will see how that will look eventually(costs involved).... water being the main issue from what I can see(in terms of approval).


 
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