RRL 0.30% $1.64 regis resources limited

If we can get the ball rolling with McPhillamys, this will take...

  1. 2,449 Posts.
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    If we can get the ball rolling with McPhillamys, this will take off.

    I can't see how the impacts of Covid on the NSW economy, and the amount of stimulus being paid out by the government, that they could afford to not approve the mine.

    "Regis continues to work with the Department of Planning, Industry and Environment (DPIE) the department required to make a recommendation on the Project to the Independent Planning Commission (IPC). Regis notes that the final decision by the government is still to be made and it is anticipated a recommendation by DPIE to the IPC has the potential to be in the first half FY22. Progress on advancing the project continues with some administrative aspects still being closed out along with outstanding elements in the water licensing area."

    FY guidance for next year is looking good also.
    https://hotcopper.com.au/data/attachments/3410/3410255-09d9b4dc603c225a061852b80fa58d7d.jpg



    Last edited by thecrabpest: 29/07/21
 
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