There has been a trend of rising AISC at the Duketon mines for a number of years. Like AISC is up 30-40% in last 4 years. Outside the AISC there has also been an increase in mine development capex (a lot of stripping). In addition, last financial year they also developed the Rosemont Underground and started Garden Well UG so there is more capex.
I think there is still a perception of RRL as a low-cost producer but it just isn't true any more.
RRL Price at posting:
$1.99 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)