Where do you see exploration finding new deposits? Honest open question.
To my knowledge the main tenement areas present limited exploration upside.
Duketon mostly drilled out - already known Mcphillamys mostly drilled out - already known Tropicana mostly drilled out - already known
There is a very low chance of a major discovery on the existing tenements. The company's biggest issue IMO is its inability to control costs. This seems like a trend that formed when the old management all left and the new management was brought in. I am prepared for the SP to go lower, maybe that can be a wake up call to management to shape up.
RRL Price at posting:
$1.90 Sentiment: Hold Disclosure: Held
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