RRL 4.98% $2.48 regis resources limited

Ann: Quarterly Activities Report, page-29

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  1. 1,737 Posts.
    lightbulb Created with Sketch. 56
    their guidance comes with the following statement ( which does create a little uncertainty - and we know what the market hates)

    Regis maintains its guidance for FY22 as detailed in Table 4. While maintaining this guidance, Regis notes further
    lockdowns in WA and across Australia, along with associated travel restrictions are causing pressures on the business,
    including extending periods to fill vacancy and labour cost pressures. In addition, potential impacts of the requirement
    for mandatory vaccination including personnel availability are not fully understood. The situation remains fluid and the
    Company continues to monitor for potential impacts and take action where appropriate.

    If they can turn performance around next qtr and hit 120+ ounces I think the market will start to feel better until then I think we may remain in limbo for a while longer or some left field good news appears.
 
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