I was corrected for suggesting RRL's last year exploration spend of $18m was all on Mcphillamys. Fair enough.
Slide 5 note 2 of this prez forecasts FY22 Mcphillamys exploration spend of $29m.
Holders chafe at approval delays which stand between them and the immediate capitalisation of Mcphillamys full value.
RRL continues to advance the project and look confident of ultimate success.
Ash
Ann: 2022 Bell Potter Unearthed Conference Presentation, page-7
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