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.
Everything is lining up for RRL. 1) toxic hedges expire in just...
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Last
$1.67 |
Change
-0.060(3.48%) |
Mkt cap ! $1.253B | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.66 | $4.342M | 2.594M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 31018 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 40979 | 29 |
View Market Depth
| Last trade - 12.08pm 26/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |