I don't really know what company would be interested in RRL. It has a 30% interest in Tropicana, McPhillies which at this stage is not worth developing and Duketon which is going okay. Maybe Anglo Ashanti could make a move and get 100% of Tropicana. Most likely GOR could merge with them to get away from being a one mine operation other than them 2 cannot think of other companies they maybe interested.
IMO RRL should merge with GOR, sell off Duketon and McPhillies keeping a royalty and the merged entity too become a royalty company. Get rid of most of the staff and create a new board who simply deal with the royalties.
- Forums
- ASX - By Stock
- RRL
- Ann: Becoming a substantial holder
Ann: Becoming a substantial holder, page-55
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add RRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.02 |
Change
0.020(1.00%) |
Mkt cap ! $1.526B |
Open | High | Low | Value | Volume |
$2.00 | $2.04 | $1.98 | $6.268M | 3.117M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 55895 | $2.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.05 | 117481 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7380 | 2.020 |
1 | 10000 | 2.010 |
2 | 18847 | 2.000 |
2 | 18847 | 1.995 |
2 | 14261 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.050 | 39300 | 5 |
2.060 | 92347 | 4 |
2.070 | 128843 | 7 |
2.080 | 188586 | 8 |
2.090 | 169259 | 13 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |