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.
RRL Price at posting:
$3.88 Sentiment: Buy Disclosure: Held
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