A discussion thread on McPhillamys.
This project is the great unknown in RRL's future.
It has diluted the awful hedging book buying Tropicana - at great cost to holders - which repairs its finances.
Yet the last quarterly shows no progress on permitting McPhillamys with the NSW government, saying:
"Progress of the permitting process for McPhillamys continues albeit frustratingly slow. Under the current advice we anticipate a potential recommendation by DPIE to the IPC has the potential to be made in the first half of FY22, although we accept that the timing is largely outside of Regis’ control."
RRL's value would rise hard with McPhillamys. But without...
Ash
A discussion thread on McPhillamys.This project is the great...
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