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.
- Forums
- ASX - By Stock
- Riversgold
I will hold RGL share for now, I believe if their kalgoorlie...
Featured News
Add RGL (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.257M |
Open | High | Low | Value | Volume |
0.6¢ | 0.8¢ | 0.6¢ | $68.25K | 10.69M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 793633 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1000000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 793633 | 0.006 |
35 | 11239860 | 0.005 |
12 | 6549195 | 0.004 |
9 | 8446667 | 0.003 |
10 | 12750001 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1000000 | 1 |
0.008 | 1653112 | 5 |
0.009 | 1698487 | 6 |
0.010 | 2907404 | 6 |
0.011 | 1839500 | 4 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
RGL (ASX) Chart |