RRL 0.00% $1.74 regis resources limited

I absolutely mean no disrespect, but when I read the quarterly,...

  1. 2,450 Posts.
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    I absolutely mean no disrespect, but when I read the quarterly, I don't read it as the company spending $17m on McPs.

    I read it as the company spending "$17m on exploration AND McPs."

    https://hotcopper.com.au/data/attachments/3764/3764617-8815d06cdf54f50889f524b3d21544ca.jpg

    and
    https://hotcopper.com.au/data/attachments/3764/3764623-85ee3efac04a0e954f3a67c1a51dcd1d.jpg

    I read this as a "speculative" investment with the potential to be written off.

    I admit that the company is investing and spending money on McPs, but what percentage of that $17m, I cannot say.

    I am happy to be corrected, but again, on reading - for me - I do not read it as $17m spent on McPs.
 
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