RRL 1.71% $1.79 regis resources limited

full year results

  1. 287 Posts.
    Can anyone explain in lay terms what the new board means by:

    "... transitioning the Company from an exploration focus to a gold production focus....the Board has deemed it appropriate to write-down the capitalized expenditure on all projects other than the Duketon Gold Project."

    Does this mean Moolart Well is now on the back burner?
 
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