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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Last
$8.97 |
Change
-0.160(1.75%) |
Mkt cap ! $3.867B | |||
| Open | High | Low | Value | Volume |
| $9.04 | $9.04 | $8.83 | $13.01M | 1.455M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10525 | $8.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.99 | 1011 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| CMM (ASX) Chart |