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RRL

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2.94%

$1.82 regis resources limited

Nice to see RRL lead the gold portfolio up for a change. Let's...

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Exised

6,242 Posts.

2946

22/02/21

14:56

Post #: 51217444
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Originally posted by Exised: ↑

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.

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Nice to see RRL lead the gold portfolio up for a change. Let's hope the market starts to recognise how undervalued RRL really is...

Last edited by Exised: 22/02/21

RRL Price at posting: $3.33 Sentiment: Buy Disclosure: Held
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(20min delay)
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

View Market Depth

No.	Vol.	Price($)
8	128927	1.805
6	63848	1.800
4	32471	1.795
5	23054	1.790
1	6496	1.785

Price($)	Vol.	No.
1.815	3729	2
1.820	39084	9
1.825	8793	2
1.830	98052	6
1.835	68840	7

Last trade - 16.10pm 02/09/2024 (20 minute delay)

RRL (ASX) Chart