RRL 1.71% $1.79 regis resources limited

does sp fully discounts the project now ?, page-14

  1. 154 Posts.
    To get a $1B Cap you would need at current prices and based on the published cash costs around about another 750k oz for a total of 1.5 M oz.

    ($1250 /oz - $562 /oz) x 1.5M = $1B

    So at Garden well if we see a reserve of around 1.3 M oz and a final resource around 750K (58% Conversion) we should be seeing our $3 share price.

    If we look at Erlistoun the resource was 256k oz and the reserve was 157k oz (61% conversion).

    So anything around 1.3 M oz initial resource would be huge for the company and the share price.

    Very exciting times for the company!!

 
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