Yes looking good!
I’d be very keen to see a detailed analysis of true value.
I briefly looked at early 2019 reports (RRL peaked mid 2019) to compare production, AISC, shares on issue and gold price.
My quick (and rough) takeaways:
- shares on issue 500m vs 750m today
- AISC 1000 vs 1700 ish today
- production appears equal ish
- gold price 2k au vs 3k au (50% increase)
I didn’t compare reserves/mine life which clearly adds significant weight.
regardless, I think it’s fair to say high $3’s low $4’s per share should be possible.
PE ratio at those prices not sure.
typing on phone.
Keen for feedback
Enjot the weekend!
News: RRL Regis Resources Records September Quarter Gold Production Of 114.8Koz At An AISC Of..., page-42
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Last
$1.72 |
Change
-0.015(0.86%) |
Mkt cap ! $1.299B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.80 | $1.72 | $9.372M | 5.389M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57363 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 93444 | 6 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.72 |
Change
-0.015 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| $1.80 | $1.80 | $1.71 | 1491579 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| RRL (ASX) Chart |
