RRL regis resources limited

Ann: Quarterly Activities Report, page-4

  1. 12,621 Posts.
    lightbulb Created with Sketch. 8318
    hmm..
    An interesting quarterly, or perhaps, a more accurate way of articulating it is, is to say an uninteresting one.
    Production a little lower, which I was a little surprised by.
    Cash flow was good, albeit due to the big build in the bullion, the AISC looks higher than it would have been (more closer to $1050-1100 approx).
    The June Quarter will look better due to the extra sales.

    Production in the FY so far is 265,728 ounces, so... to hit guidance, they will require 75,218-105,218.

    I guess I just feel a little underwhelmed.

    @nordesmic - interested to hear your thoughts?
 
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