RRL 1.44% $1.76 regis resources limited

Ann: Diggers and Dealers 2023 Presentation, page-3

  1. 11,729 Posts.
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    I just don't understand why they don't just fess up and say.... Duketon North is going to shut within the next 2 years.
    I mean.... they are 'saying' it, but... not in plain English. Production looks to drop anywhere from 55-85k within the next 2 years.

    https://hotcopper.com.au/data/attachments/5492/5492372-75657023d131c3d0c42ff6114b6c8265.jpg

    McPhils... FID likely 10 months time. Strangely. timed to fit in with the hedges running off?
    Looking forward to seeing what a 7mtpa operation is going to cost in NSW.

    https://hotcopper.com.au/data/attachments/5492/5492382-db60598c6a783c7d9afd7a1e732cc896.jpg

    Perhaps RRL with have more luck with exploration in the Duketon area in coming years, as there is always the potential for a decent discovery, though of course... and it's been said many times... if only they had focused on drilling a decade ago.

    How cheap can RRL go... getting closer and closer to what they paid for their 30% share of Tropicana. redface.png
 
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