RRL 1.20% $1.69 regis resources limited

The announcement states "given the potential for Garden Well to...

  1. 91 Posts.
    The announcement states "given the potential for Garden Well to become a bigger gold mine than the Moolart Well project, Regis' current intention is to progress a strategy of developing a second stand alon milling operation at Garden Well".

    The announcement also provides a timetable for the company which includes calculation of a resource for Garden Well during the September 2010 quarter.

    All in all an extremely positive announcement which should see the company re-rated from a value point of view once the broking houses digest the info.

 
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