To me it looks as if RRL is priced as if a cap raise for McP’s is imminent.
However if the gold remains at current levels for the next 24 months or so I think RRL can fund the project with its free cashflow and a moderate level of debt.
A 60/40 JV is maybe even a better option.
To me it looks as if RRL is priced as if a cap raise for McP’s...
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 (20min delay)
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Last
$3.98 |
Change
-0.110(2.69%) |
Mkt cap ! $3.034B | |||
| Open | High | Low | Value | Volume |
| $4.01 | $4.04 | $3.96 | $2.968M | 740.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 9029 | $3.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.99 | 20322 | 41 |
View Market Depth
| Last trade - 11.26am 01/08/2025 (20 minute delay) ? |
| RRL (ASX) Chart |