News: RRL Regis Resources Records September Quarter Gold Production Of 114.8Koz At An AISC Of..., page-42

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!