AIC of around $2150 is reasonable, albeit, nothing like in years past where RRL printed money due to low strip open pits. More heading U/G now.
I dislike the '9' year reserves statement. Later in clearly states 5 years for Duketon. Just be upfront about the position, don't try and be clever, everyone sees through it.
RRL will hopefully see around $120-130m in cash build over FY2023. I hope they don't blunder and pivot back to paying big dividends, when they are going to need the capital to fund McPhil....
Ann: Diggers and Dealers 2022 Presentation, page-2
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$1.87 |
Change
0.040(2.19%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.88 | $1.84 | $8.731M | 4.683M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 25114 | $1.87 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 82177 | 13 |
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