RRL has had a trend of rising AISC in last couple years.
RRL has also been increasing mine development capex as well.
Then there’s the Development of Rosemont Underground & Garden Well.
RRL is no longer a low-cost producer.
Then there was the terrible hedging position they got themselves into.
I’ve sold out of my position in RRL. Used to be good for dividends and capital growth now not so much. Management lost investor confidence.
My opinion only. Good luck.
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