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!
Yes looking good!I’d be very keen to see a detailed analysis of...
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.12 |
Change
-0.010(0.47%) |
Mkt cap ! $1.616B | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.15 | $2.11 | $7.030M | 3.298M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 40747 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 112936 | 55 |
View Market Depth
| Last trade - 15.58pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.11 |
Change
-0.010 ( 0.94 %) |
||||
| Open | High | Low | Volume | ||
| $2.12 | $2.15 | $2.11 | 1189165 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| RRL (ASX) Chart |