An option RRL may consider is taking a 50/50 or 60/40 partnership in owning and developing McPhill’s. That means the project could start as early as 2nd half 2025 and RRL could fund their portion of the project via its own cashflow - if gold prices remain at current levels.
Of course finding a cashed up and willing partner may not be easy and obviously we would expect some compensation for them buying into McPhills.
With a 60% ownership model RRL would be adding an additional 100k ounces p.a. to its production within three years - which is better than zero if the project is mothballed.
An option RRL may consider is taking a 50/50 or 60/40...
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.04 |
Change
-0.030(1.45%) |
Mkt cap ! $1.541B | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.06 | $2.02 | $4.922M | 2.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 156312 | 12 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |