I suppose you could view this as them finally being honest....
DNO has months left before being put into C&M.
This will reduce RRLs production profile by 40-60k p.a.
Pretty sure that will make RRL a sub 400k p.a producer, but... I will wait with baited breath for FY25 guidance.
perhaps RRLs last.... quarterly loss for a while (until they attempt to develop McPhil. $300m debt still to chew through as well.
I think the market will continue to find it hard to value RRLs assets...
Good luck to all holders though.
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Last
$1.63 |
Change
-0.060(3.56%) |
Mkt cap ! $1.227B |
Open | High | Low | Value | Volume |
$1.66 | $1.67 | $1.62 | $5.419M | 3.313M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 46005 | $1.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.63 | 25500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 41062 | 1.625 |
11 | 143233 | 1.620 |
9 | 80673 | 1.615 |
10 | 38222 | 1.610 |
7 | 77362 | 1.605 |
Price($) | Vol. | No. |
---|---|---|
1.630 | 25500 | 2 |
1.635 | 39643 | 4 |
1.640 | 65917 | 8 |
1.645 | 32667 | 3 |
1.650 | 36207 | 7 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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