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
$1.98 |
Change
-0.013(0.63%) |
Mkt cap ! $1.492B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $2.01 | $1.96 | $2.942M | 1.482M |
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| 14 | 22470 | $1.98 |
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| Price($) | Vol. | No. |
|---|---|---|
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| Last trade - 14.40pm 08/10/2024 (20 minute delay) ? |
| RRL (ASX) Chart |