I will hold RGL share for now, I believe if their kalgoorlie story is right and RGL exercise the option then it is an average of 3 moz gold inffered JORC resourses can be expected (expectation). if RGL's announcement is correct then the company has done a great job for its shareholders unless RGL board decided to ignore this project (RGL usual attitude is not completing a project and jumping into another project for more green). If RGL excercise the Kalgoorlie option with a discovery in their recent diamong drilling then RGL can declare a development project with 3 moz gold (Why shareholders not seeing any value on this project). 3 moz guys (85 million grams of Gold), assume a least net profit of $1 per gram its values with net profit of $85 million (now RGL share price is 8.5 million MC). cant blame shareholders as we can't actually trust the current RGL Board. they are now running behing lithium- which is good if they could find a best project with high prospect for lithium.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.048M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $3.308K | 661.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 10219576 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2077639 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 10219576 | 0.005 |
8 | 5223996 | 0.004 |
8 | 6783000 | 0.003 |
7 | 8150000 | 0.002 |
4 | 4000000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 2077639 | 8 |
0.007 | 4588242 | 9 |
0.008 | 4323265 | 9 |
0.009 | 304046 | 6 |
0.010 | 1703838 | 4 |
Last trade - 15.59pm 27/06/2024 (20 minute delay) ? |
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RGL (ASX) Chart |