Ann: Resources and Reserves Statement and Organic Growth Update, page-5

Hey Dan, I agree, they have been spending money, but... mainly on simply firming up the main pits.
They have kicked their exploration drive, into.. well overdrive. Huge amount of capital getting spent this year.
Not much to say on the POG, it may continue to suffer, but.. RRL is making good money right now.. this will continue I believe.

@Calvo - cheers for that. McPillamy is a big growth option for RRL, but... obviously, its taken many more years than RRL thought it would, just to get to this point. Hopefully they are finally able to navigate all the red tape to get a green light.
As the market has basically valued it at zero.