Yep, nothing new in that IMO
Easy enough to justify $80 an oz for RAS at this stage of the game, the others have been disappointing so far so hard to include those. maybe even $100 by the time JORC compliant so could argue for $1.50- $1.75 at a push.
Still wary of Regal. Played this game a few times now here. We know there will be another CR, we know they will reduce by then.
Could be higher than here or lower. Plenty of variables.
Just think when we suddenly see $1.30+ on the back of nothing new time to do a bit of a reset.
I would be thinking I will get some back in the 80's. If not, happy enough.
Ann: Investor Presentation, page-9
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