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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I will hold RGL share for now, I believe if their kalgoorlie...
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Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $9.072M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $2.867K | 378.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 9015780 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.8¢ | 2608292 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 8159866 | 0.007 |
24 | 11215544 | 0.006 |
14 | 6643190 | 0.005 |
8 | 5474995 | 0.004 |
5 | 3266333 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2608292 | 4 |
0.009 | 4442795 | 3 |
0.010 | 3964773 | 11 |
0.011 | 3677272 | 9 |
0.012 | 1420557 | 7 |
Last trade - 11.36am 24/05/2024 (20 minute delay) ? |
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Last
0.8¢ |
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Change
-0.001 ( 7.14 %) |
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Open | High | Low | Volume | ||
0.8¢ | 0.8¢ | 0.7¢ | 2268636 | ||
Last updated 14.38pm 24/05/2024 ? |
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