I own a lot of goldies... most of the companies in there are free carry. But through the cycles I have 3 pulling the weight of the whole gold portfolio... NST, EVN and SAR. Since the NST and SAR merger this left me with a spot for the 3rd. RRL was in the shortlist to move up. I went with GOR for the optionality of a lot of more (possible) ounces in the tenement and GOR has the optionality of toll treatment as there are a lot of other plants in the area.
They were neck and neck in numbers:
But pretty much it is the grading that won me over to GOR....
However once McPhils gets producing, hands down RRL will be a more preferred company compared to GOR... in the gold space production is king, everything else, the can can be kicked along the road.
I own a lot of goldies... most of the companies in there are...
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Last
$1.82 |
Change
-0.055(2.94%) |
Mkt cap ! $1.371B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.87 | $1.80 | $4.593M | 2.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 3729 | 2 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |