Do you have a link to this? I thought i saw someone else mention it also (maybe it was you?), and as much as I think this would be an amazing opportunity for RRL should it present itself, although I am not sure how likely this is to eventuate.
I read somewhere that the CEO of Anglo likes Australia and is looking for more opportunities here.
With Tropicana tenements consisting of 12,500 km² of land, it seems like there is a lot of potential upside from exploration.
I am not convinced anyone would you sell 70% of one of the largest mines in the country, and is a proven and legitimate cash cow? Especially with the price of gold to rise above the highs of last year, and keep going.
A good article I read this morning on mining dot com is /web/golds-perfect-storm/ (I may have already posted this, but a lot of what is in it looks positive for us and POG in general).
Optimistic forecast, page-69
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Last
$1.87 |
Change
0.038(2.04%) |
Mkt cap ! $1.414B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.88 | $1.84 | $2.833M | 1.518M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 39046 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 51684 | 20 |
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| Last trade - 12.05pm 10/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |