Everything is lining up for RRL. 1) toxic hedges expire in just over a year. 2) development capital will reduce over the rest of the CY. 3) POG at historic highs 4) McPhillamy's updated DFS will be very impressive as the original document was based on $1400 gold price.
The stock is grossly undervalued particularly for a producer with all mines in Oz. The only ASX miners which compare on economic terms are in West Africa.
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12 | 115866 | 1.745 |
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6 | 301412 | 1.730 |
Price($) | Vol. | No. |
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