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
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.45 |
Change
-0.050(0.77%) |
Mkt cap ! $2.435B | |||
| Open | High | Low | Value | Volume |
| $6.52 | $6.52 | $6.33 | $6.623M | 1.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 360 | $6.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.45 | 5940 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| CMM (ASX) Chart |