RRL 1.38% $1.84 regis resources limited

It should be kept in mind that mgmt have a track record of...

  1. 120 Posts.
    It should be kept in mind that mgmt have a track record of looking further afield and developing new assets on a regular basis. These guys don't sit still for long. I wouldn't be surprised if the company aim was to be at 500,000 oz pa production within another 2-3 years. It is definitely feasible - Garden Well will be completed and commissioned in next 12 months, Rosemont could add another 80,000 oz pa within 18 months, and another operation elsewhere could add the extra 100,000 oz pa to push them into that territory. I reckon $10 per share within 3 years.
 
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