RRL regis resources limited

OH DEAR.186m Cash and you want to spend it on McPhillamy's that...

  1. 647 Posts.
    lightbulb Created with Sketch. 59
    OH DEAR.
    186m Cash and you want to spend it on McPhillamy's that requires $1.2B for a lot of gold at grade 1g per T.
    Could go backwards for the first few years.

    I don't have a wage am a self-funded retiree approaching 70.
    Return money back to shareholders and do another Capital raise when Share price is higher.

    Tropicana was well supported and has turned out pretty good for shareholders.
    Don't use Shareholders cash.
    I would be happy with a 1c Div ff.
 
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(20min delay)
Last
$4.62
Change
-0.050(1.07%)
Mkt cap ! $3.490B
Open High Low Value Volume
$4.60 $4.65 $4.53 $14.31M 3.110M

Buyers (Bids)

No. Vol. Price($)
4 15866 $4.60
 

Sellers (Offers)

Price($) Vol. No.
$4.63 52259 4
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Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
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