Well done to all holders.
I cannot deny its a solid announcement.
Increased reserves, reduced overall strip ratio.
Longer mine life.
All you could really ask for.
RRL must be kicking themselves (myself included I suppose).
Anyway, whislt I still think the company is overvalued compared to the few peers that exist, it will likely trade at a premium due to the long mine life.
Not sure if it could be seen as a corporate take over target, but only due to the high market cap.
Trying to be balanced
Ann: Gold Reserves Increase 35% to 1.2 Million Ounces, page-2
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