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.
The announcement states "given the potential for Garden Well to...
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Last
$1.69 |
Change
0.020(1.20%) |
Mkt cap ! $1.272B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.70 | $1.67 | $6.158M | 3.668M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5605 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 67844 | 6 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |