My work life was as a bean counter so I stay away from making comments about mining operations and mining approvals etc. However, I do look at a company’s history, its performance, delivery on promises and make an assessment on whether they will kick goals in the future. The presentation below provides a good strategic summary of where RRL is heading. It contains assertions about cost expectations and approval expectations. If RRL can execute their plan and gold breaks $AUD 3,000 you will not be able to buy RRL shares for under $12.
Ann: Approval of Garden Well South Underground Mine, page-25
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Last
$2.03 |
Change
0.020(1.00%) |
Mkt cap ! $1.533B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.07 | $2.02 | $6.204M | 3.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 82586 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 90537 | 6 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| RRL (ASX) Chart |