RRL 6.69% $1.92 regis resources limited

Major BUY Signal formed... Gold Rush coming, page-30

  1. 151 Posts.
    lightbulb Created with Sketch. 83
    I have translated Goldnumber's cryptic message.

    RRL = surely fund a mentals = (Surely RRL has good fundamentals)
    = Time to be let RRL off the lea$hhh? (and perhaps this is a start of a breakout).
    As a low a contant is the gold hedge but it is = bit buy bit = (The underperformance of RRL has been exacerbated by the gold hedge but this should have a less meaningful impact as the quantity of the hedged reduces)
    BUT a RRL and all goldies variable = is what the POG (price of gold) = (Similar to other gold producers, the main determinant of true value in RRL is the long term gold price).
    RRL extracts hundred$ of thousands ozzie$ in GOLD = (With annual gold production approaching 500 koz p.a. in 2022)
    RRL = P profit growing by the day and growing with POG (We should be expecting a better bottom line with increasing price of gold)
    Profit appetite = yum yum = RRL??? (With increasing profits a corresponding increase in RRL share price should follow)
    (sorry either post as bad in times , eyes and word manners??? (Apologies for any of my posts that were late at night or difficult to decipher)
    why not $$$ 2.25+++ = hmm is funds loading??? (But if the institutional investors are starting to take interest we may see the share price increasing beyond $2.25).
 
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Last
$1.92
Change
0.120(6.69%)
Mkt cap ! $1.446B
Open High Low Value Volume
$1.88 $1.92 $1.87 $14.41M 7.572M

Buyers (Bids)

No. Vol. Price($)
1 10157 $1.92
 

Sellers (Offers)

Price($) Vol. No.
$1.92 165950 16
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
RRL (ASX) Chart
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