Yes agreed LDU - the situation is what it is.
And if gold prices stay high RRL will continue to be a cash build story - albeit more like $250m per year rather than $400m.
I also still think that RRL should be looking for a 50/50 partner for McPs to share the capex - I don't mind a moderate use of debt, but no cap raise.
The other thing is I hope they drop the whole future 500,000 oz p.a. production narrative.
If that happens it won't be for years. Just concentrate on current production issues.
Yes agreed LDU - the situation is what it is.And if gold prices...
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Last
$1.73 |
Change
-0.185(9.69%) |
Mkt cap ! $1.302B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.82 | $1.72 | $18.97M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 73866 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 76752 | 6 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |