Yes agreed Inverter. The major problem was the serious flooding event without a doubt.
However even that event has not altered the resource base that RRL has of some 8 million ounces (correct me if I'm wrong)
In the ground without further exploration being added to that total, which should ensure a long life for RRL mining.
Which is a point that many are missing in the debate, ie the stuff is still in the ground and is being won at a good marginal rate.
Do the sums, 8 million ounces diminishing at say 350,000 oz per year equals a long life of mining for RRL. DYOR....GLTA..H.
Yes agreed Inverter. The major problem was the serious flooding...
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Last
$4.30 |
Change
-0.170(3.80%) |
Mkt cap ! $3.249B | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.44 | $4.18 | $17.38M | 4.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $4.28 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.32 | 93859 | 6 |
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| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |