RRL regis resources limited

Ann: Production, Outlook and Corporate Update, page-2

  1. 850 Posts.
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    I'm not sure this announcement could have been any better? Anyone? Quick read tells me:

    4th quarter production within guidance
    4th quarter cash increased by $27m
    Will commence a share buy-back
    Will start paying dividends.

    Plus good grades at the drilling sites, Less slight decrease in reserves mainly due to mining.

    Great announcements. Only downside I can see is that I did not buy more than I did.
 
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