RRL regis resources limited

McPhillamys, page-68

  1. Wheres can this UPI article be found that everyone keeps referring to??

    The Drudge report times out.
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  2. Looking for stoploss on line.
    AOTonline? Challenger.com? Any others? AOT seems reasonable, $33 trade, $49.95/month, free if more than 8 trades/month. If database isn't accessed then $0/month. Seems reasonable, any opinions?
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  3. These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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  4. Metals & Mining SECTOR NEWS

    Thick, High-Grade Gold Intercepts Demonstrate Robustness of Apollo Hill Resource

    20 Jun 2025 SATURN METALS LIMITED

    Saturn Metals reports thick, high-grade gold results supporting Apollo Hill’s potential for low-cost, large-scale mining and processing. In addition, a significant high-grade extensional intersection has... Read more

  5. =http://www.geocities.com/barrybolton187/lok.jpg>
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  6. =http://www.geocities.com/barrybolton187/lok.jpg>
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  7. not so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
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  8. re: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
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  9. re: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
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  10. look who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
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  11. re: not so stupid now**hey big ears**** You got me there big fella,
    I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
    regards

    Check out what the big money was doing during the fall.

    http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D
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  12. Hotcopper has not changed in my absence....
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  13. There are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
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  14. Load of crock? Load of crack more like.
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  15. Great user name, Colin.....where'd you pull that one from? Your behind?
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  16. sandune, you come across as being so deluded by hate.

    The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!
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  17. Very direct, and good post. It's only others that will feel the shame for the directors TSS.

    A leopard does not change its spots, nor a tiger its stripes.

    Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.
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  18. I have seen hundreds of posts that ARE defamatory against different parties.

    My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.

    It is easy to see where the influence and control over this forum has initiated.

    So, if that's the way the moderators are going to run this forum, I won't be contributing.



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  19. rogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
    It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
    PEN is very tradable, but not out of the woods by a long way imo.
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  20. So you can see both sides of the story matty.
    I'm in the same boat having traded PEN from time to time.
    It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
    What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
    If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
    Shame on many of you.
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  21. Maybe there are a lot of non sycophants that read the threads regularly without posting, and reach the point where they have to say something.
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  22. Agree seuss.
    I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.
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  23. I know. Maybe I didn't explain myself very well.
    There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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  24. I believe you'll find that we now have SUPPORT at 10c.
    Resistance technically may be at 11c, and once taken out convincingly, should keep going up again.
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  25. Do you have a 2.7 million deposit for a new home?
    As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000

    Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.

    Feeling sick enough yet?
    Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.

    So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!

    Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?

    To make your appointment for Perthites, and just for a sick session for others:
    http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829

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  26. tvp
    No answer from Arttse on that yet.......................
    Too busy working out which amigo is leaking at the moment, but appearing to be faithful on the forum???

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  27. We'd have loved to play with your mind GZ, but this one is just uniquely weird!

    We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!

    I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
    Hmmm. That's my best conspiracy theory for now!
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  28. I am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)

    I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
    I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.

    The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.

    Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
    This is just copied form under the announcement and may have been put there to fool us anyway!

    30.3mt @ 1.7% CuEq
    (0.8% cut-off) Measured and Indicated
    97.9mt @ 0.96% CuEq
    (0.4% cut-off) Measured and Indicated
    272.9mt @ 0.62% CuEq
    (0.2% cut-off) Measured & Indicated and inferred
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  29. I find that post rather repugnant and cynical cusox.
    Right now, imo it's a buy.

    What does that have to do with anything else?
    Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper

    If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
    Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?

    It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
    We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.

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  30. Shadow, that is bull dust, and you know it.
    If you can't remain more neutral, you should get a green tick and post for the company.
    You simply can't give a value on it without ALL the information.
    Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.
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  31. No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.

    However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,

    Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.

    Cheers

    OI NQ , how they hanging?

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  32. Announcement from ERM has made my day. :)

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  33. re: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
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  34. tvp
    Maybe this sheds some light on it ............................
    He was suspected of being Bendigo. Maybe the mods worked it out.

    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:27 - 236 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529197 - in reply to msg. #529196 - splitview

    piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:29 - 236 reads
    Posted by bigdump
    IP 210.49.xxx.xxx
    Post #529199 - in reply to msg. #529188 - splitview

    so who should be ashamed of themselves
    it squite ironic !
    Isn't talking to ones self a form of madness





    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:30 - 246 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529201 - in reply to msg. #529199 - splitview

    fark u 2 fool ramper

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:35 - 242 reads
    Posted by trade4profit
    IP 144.139.xxx.xxx
    Post #529204 - in reply to msg. #529197 - splitview

    diatribe...

    Here are the posts you refer to "6 - 8 weeks ago"...

    ---

    Subject copper strike.. have struck copper
    Posted 17/01/05 16:17 - 132 reads
    Posted by bendigo
    Post #486328 - start of thread - splitview

    Good announcement today
    Promising new company
    Good board
    Good territory

    go the ASX website & check out the announcment.

    Cheers
    Bendigo

    ---

    Subject re: copper strike.. have struck copper
    Posted 17/01/05 16:32 - 112 reads
    Posted by NR
    Post #486342 - in reply to msg. #486328 - splitview

    all ready on them bendigo......awaiting further annonucements.......


    ---


    Subject re: copper strike.. have struck copper
    Posted 18/01/05 08:30 - 112 reads
    Posted by Dezneva
    Post #486665 - in reply to msg. #486328 - splitview

    Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.

    ---


    These were the first 3 posts ever on CSE.

    Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."

    Problem is, it was Bendigo he was replying to and not you!

    How do you explain that?

    Cheers!

    The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:40 - 234 reads
    Posted by Rocker
    IP 220.253.xxx.xxx
    Post #529215 - in reply to msg. #529204 - splitview

    well picked up T4P


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  35. I get your drift joewolf.
    The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.

    Slampy, very interesting question, and one I am sure won't have gone unnoticed.

    Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.


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  36. I reckon you should all get a life personally!
    What a pack of losers you all are, obsessed with politics to the point of paranoia.
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  37. At this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.

    CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.

    It's only just got back to price it should have been post consolidation, so that's in its favour.
    Very little to sell, I like that, as it will move quickly.

    Many won't have received the email yet as they're at work, etc.

    Read more here.

    http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO

    Looks good for next week. Be prepared!
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  38. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
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  39. 6,000 Posts.
    lightbulb Created with Sketch. 414
    Great article

    Buy Now before it's too late


    livewiremarkets.com
    Our top gold pick was 230% higher when gold was last at this price
    9-12 minutes

    Consistently determining the direction of the gold price is beyond us. Whilst the US$ is (supposedly) the dominant driver, we have mapped out at least seven factors that can impact the price of gold. And at any point in time, the market can choose to focus or neglect any of these factors. So, our preferred way to play gold is via a company that has a compelling investment proposition irrespective of which direction the gold price moves. If the market for gold cools, we are still likely to do well given its bottom-up drivers. If the gold price continues to rally, then the macro will magnify our returns.

    Regis Resources Ltd (ASX: RRL) in our view, is the most compelling gold play on the ASX. To whet your appetite, it’s worth noting that when gold was previously near these levels, RRL was trading 230% higher.

    And importantly – most importantly - we have identified six discrete triggers (seven if the gold price keeps going). Any of which could lead to a healthy re-rating.

    But before we look at these triggers, it’s worth understanding why we see RRL as being of a high calibre, despite its current price weakness.

    High-Quality Miner

    Size and liquidity are important across all stocks, but even more so in the case of gold mining companies. RRL is currently the fifth-largest Australian gold producer listed on the ASX. In terms of domestic producers, RRL is the fourth-largest, with Perseus Mining Ltd (ASX: PRU) producing from mines located in West Africa. The three producers above RRL are Newcrest, Northern Star and Evolution – all household names. RRL has very much flown under the radar to date.
    Source: Company information, Macquarie Research

    Secondly, both of RRL’s operations are based in Western Australia. Arguably there is no better jurisdiction globally to mine gold than in WA in terms of skills and experience, infrastructure, geology, sovereignty and tax regime. No better jurisdiction. With the utmost respect to Perseus, would you prefer your gold mines in WA or Ghana and Cote d’Ivoire? Yet surprisingly, Perseus’s market capitalisation is near twice that of Regis for a similar level of production.

    Next, Regis’s two assets are what we would consider Tier 1. In the case of Tropicana, this is indisputable. In the case of Duketon, there is some wiggle room. But in our view, an objective assessment of the Duketon operations over the past decade is supportive of that assertion.

    And this, in part, brings us to the fourth characteristic, which is a long successful track record of operation. Duketon commenced operation in August 2010 and has produced 3.385moz of gold over that time. Over the past 8 years, production has not dipped below 300k ounces per annum. In the past 2 years, productivity, grade and costs have been well off historical levels. However as we will see below, this has now turned a corner. Importantly, this long-term track record provides a high degree of insight, understanding and confidence in the operations. It’s important to realise that the strong track record also translated into high free cash flow. And RRL is one of a handful of gold miners that has paid a dividend every year since 2015 (and in fact was the highest-yielding gold stock for many years).

    Perhaps the only area of contention may be around reserves. For the existing operations this stands at around 2m ounces. However, there are some important nuances. Firstly, the resource base for the WA operations stands at 7m+ ounces. Regis is now heading underground at all of its operations, and underground operations have a much higher level of reserve replacement. Already we are seeing this at Tropicana, where underground reserves are outpacing depletion. Regis has also used a conservative gold price of US$1,400, which is likely to increase in coming years. And importantly, Regis holds prospective tenements, with their respective operations containing the largest land holdings in two of the youngest but emerging greenstone regions in WA – the Duketon and Tropicana gold belts.

    Potential Triggers

    Good companies can remain cheap for long periods of time. What is required is a catalyst or 2 or 3! Regis looks to have a number of near-term triggers.

    To begin with, after two difficult years, the company is heading into a sweet spot from an operational perspective. Over the coming 18 months, we will see a material reduction in stripping ratios at Duketon North and commercial production from Havana open pit and Garden Well underground. The new sources of ore will also enable better sequencing and the capacity to focus on productivity and not just throughput. Combined, these will generate better grades, more gold, lower costs and a material increase in net profit.

    Similarly, both WA operations have undergone a period of heightened capex during FY22 and FY23. Investors seem to have simplistically extrapolated this as the new norm for Regis. However, management have made it clear that capex will significantly reduce during FY24 and onwards. Along with the improved operational performance outlined in the aforementioned point, this will see a material increase in free cash flow.

    Thirdly, Regis is in the final stages of dealing with its problematic hedge book. When Jim Beyer took over as CEO in October 2019, the previous management left him a horribly out-of-the-money hedge book. At the time this comprised 427,000 ounces to be delivered at a paltry A$1,598 per ounce. This has created a significant drag on profitability for the past 3+ years. But the hedge book is now down to 145,000 ounces, which will be delivered in full by 30th June 2024. Whilst this will still create an impost this year and next, there is now light at the end of the tunnel. And within a little over 12 months, Regis will be completely hedge-free.

    Next, the company was finally able to announce that all NSW state approvals for the important Mcphillamys Gold mine in NSW were received in the last week of March. This is a watershed moment for the company. Mcphillamys is one of the largest undeveloped open pit mines in Australia. It is slated to commence producing at 200,000 ounces per annum in the bottom cost quartile. The initial reserve is 2m ounces, but there is no doubt that his will grow substantially based on what has already been delineated. This new production will organically evolve Regis into a 700t ounce per annum producer.

    At 700t ounces per annum, across 2 long-life mines and 3 high-quality operations, Regis will be squarely in the cross-hairs of potential predators. There are only 3 other domestic gold producers in Australia with a larger production profile. Any domestic or international gold company looking to grow production in Australia will have to take a close look at Regis. There are literally only a handful of stocks of this size. At the current valuation, one of 2 things is likely to happen: 1. Either the market rerates the stock price or 2. The company will be acquired. Not surprisingly, Bell Potter Securities recently listed Regis as their #1 takeover pick in the gold space.

    And this brings us to valuation. On most metrics Regis is trading at a fraction of the attributable value of its closest peers. Whether we consider enterprise value: production, price to free cashflow or enterprise value to EBITDA, Regis is substantially cheaper on every metric. Of course, it would be unwise to take this on face value without asking ‘why’? Why is Regis so cheap? Our answer to that question is that Regis has had a difficult period, but the company is now at an inflection point (as outlined above). However, it takes time for the market to recognise this, as many investors make decisions by looking in the rear view mirror. In our assessment, as the market comes to recognise the recovery underway, the valuation will normalise and the share price progressively appreciate.
    Source: Company information, Macquarie Research

    Which brings us to the final point being sentiment as defined by the price technicals. Regis has mapped out a pronounced accumulation phase and has established a strong technical (read price) foundation. It has broken 4 downtrend lines, completed its first upside breakout and has demonstrated good commitment to the price moves. A move above $2.31 is the final piece to the technical puzzle and would be an emphatic confirmation that sentiment has indeed turned.

    Summary

    Despite the price weakness over the past 2-3 years, Regis is a high-quality company. We believe that it is at an important inflection point and there are 6 potential price triggers in addition to the price of gold itself.

    There are of course no certainties in markets. For example if the gold price capitulates, then no amount of bottom up drivers will prevail. However, a quality business, trading on a cheap valuation with multiple price triggers, is about as close to a ‘certainty’ as the market is likely to afford.
    Want more content like this?

    Romano is a portfolio manager at Katana Asset Management. You can follow this profile to read more great content like this or click the fund card below to learn more about the Katana Australian Equity Fund.

    Managed Fund

    Katana Australian Equity Fund

    Australian Shares


  40. tvp
    re: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!

    Salty - howsabout an email update please imo!!
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  41. What a fascinating thread reading back 3 months!

    Lots of reading today!
    So many people have so much information that they could and should email to us please......

    [email protected]

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