Just wrote up a quick summary for quarter on quarter comparisons:
Production notably declined by 17%, with >= 40% reductions in both Duke + Tropicana, which seems pretty high even if due to wet weather Sales thankfully didn't decline too much, which was complemented by the increased avg price sold (Up 17%). Their bullion stockpile increased 20% giving them 186M. Shame the AISC rose so sharply, otherwise this would have been a pretty decent report otherwise.
All in all, the one thing RRL has going is it's sheer production output capacity. If they can get their reserves up as mentioned by others, they may just have the majority of funds required to fund Mcphyllamis when the day does come.
It's definitely a sharp turning path in all directions ahead for RRL.
RRL Price at posting:
$2.18 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)