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.
I suppose you could view this as them finally being...
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Last
$1.82 |
Change
0.010(0.55%) |
Mkt cap ! $1.374B | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.85 | $1.80 | $26.27M | 14.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 227466 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 173839 | 7 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RRL (ASX) Chart |