RCO
Click for more information
0.00% 24.5¢ royalco resources limited

The declining gold price is hitting the Oceana Gold deposit at...

  1. access
    144 Posts.
    lightbulb Created with Sketch. 18
    clock Created with Sketch.
    27/06/13
    19:57
    Post #: 11937381

    The declining gold price is hitting the Oceana Gold deposit at Reefton. As a cost cutting measure, it looks like they are postponing further development until the gold price improves.

    This in turn will have an effect on planned down the track royalty earnings at RCO.

    http://www.asx.com.au/asxpdf/20130627/pdf/42gqh7rh6mh1fx.pdf
    RCO Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
PDN Paladin flags up to 4.5Mlbs of uranium production in FY25 guidance
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
ABY Adore Beauty buys up wellness brand iKOU for $25M cash
right-arrow Created with Sketch.
watchlist Created with Sketch. Add RCO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.