So we are reading here that RRLs management/financial department is not able to do quarterly revisions on substantial subjects of balance sheet and p/l figures.Write off on exploration costs of tenements not longer held. What a joke. As we have seen that before (during last year FS they did a similar write down on stock-piles after Q4-results) I am angry at myself for not having seen that coming this time around. I thought they had learned. Nope, they did not. Or they purposefully did not. In both cases that leads to the fact that I can spare plenty time because any analysis of quarterlies and any projections derived from that work is totally in vain.Moreover, 3 weeks ago RRL-management saw fit to report an "annual AISC slightly above FY 22 guidance of 4 1.425-4 1.500/oz", yet managing to not derive substantial earnings at the bottom line. So with RRL the reported AISC (as per Q4) is not really a viable KPI any more.
As others said above, RRL changed so much from when I started to take interest that I will speed up the reduction of my holdings (at great cost). I will probably keep a small portion to keep me reminded of a bad mistake (and for reasons of lingering sunk cost fallacy and some residual hope for a take over or a McP approval). GLTAH
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So we are reading here that RRLs management/financial department...
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Last
$4.06 |
Change
-0.080(1.93%) |
Mkt cap ! $3.129B |
Open | High | Low | Value | Volume |
$4.04 | $4.07 | $3.99 | $888.0K | 220.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 4493 | $4.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.07 | 7143 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4492 | 4.060 |
26 | 19195 | 4.050 |
18 | 17355 | 4.040 |
17 | 51241 | 4.030 |
18 | 59669 | 4.020 |
Price($) | Vol. | No. |
---|---|---|
4.070 | 10740 | 10 |
4.080 | 26916 | 12 |
4.090 | 46891 | 12 |
4.100 | 26756 | 12 |
4.110 | 33407 | 6 |
Last trade - 10.34am 31/07/2025 (20 minute delay) ? |
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RRL (ASX) Chart |