Very disappointing. AISC @ Moolart and overall went ballisitic.Brings down my EPS-forecast-estimate for FY21-22 from 11-12cents to 7-8 cents.
I change my sentiment to hold (I was ready to buy if my forecast had been hit). Based upon the report alone I would even think about disinvestment. But thanks to sunk cost fallacy and expectation of better results next year along a rising gop I will stay on board for a while.
For those who think this is a great report: RRL already told us that they had maximum production. Therefore the new news here is that they also had maximum AISC.
GLTAH
Ann: Quarterly Activities Report, page-18
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Last
$2.54 |
Change
0.060(2.42%) |
Mkt cap ! $1.918B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.54 | $11.38M | 4.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40092 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 26938 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |