market jusr punishes rrl.
i dont actually know what is so negative in the announcement tbh. usual government delays and hoop jumping and a blow out in construction costs. both if which are arguably known.
these arent committed funds its a DFS. the numbers either make sense or they don't. we arent halfway through building it and get a quarterly update saying oops we spent an extra 200M than planned.
and even if it was a fantastic dfs, mcphillamys too far down the road to capitalise on current gold prices.
Ann: Pause in Trading, page-57
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Last
$1.81 |
Change
0.065(3.72%) |
Mkt cap ! $1.367B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.81 | $1.74 | $14.89M | 8.371M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27309 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 128379 | 6 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| RRL (ASX) Chart |