RRL regis resources limited

Ann: Mineral Resource, Ore Reserve and Exploration Update, page-3

  1. 12,529 Posts.
    lightbulb Created with Sketch. 8109
    Hmm... deftly handled by RRL to not mention the reduction in their 'reserve' from 3.5m ounces last may, to 1.7m ounces now.
    The obvious reason for the reduction being McPhil was... removed.

    So net... RRL added 170k to it's reserves.

    2024-
    https://hotcopper.com.au/data/attachments/7010/7010934-883bf011e182bfe5c27e67b065adb3ba.jpg
    2025-
    https://hotcopper.com.au/data/attachments/7010/7010937-1b8191f0cff6cbda0b8afa7ab3b72d15.jpg

    Good luck to holders, RRL has had a good run from the lows.
    Perhaps the U/G deposits will prove me wrong and outperform exploration wise.
 
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