RRL will attract a premium because of its management team - they are proven and have developed low cost operating mines previously.. commissioning moolart well is complete and it is now running at capacity
if IGR can kick the same goals are RRL has through commissioning its price will continue to rise
a big difference between the two companies, imo, is RRL are far more aggressive.. take their garden well prospect.. only recently discovered, they aim to have a resource announced this quarter, reserve announced by the end of the calendar year and in production (stand alone mill) next year.. line that up against the timeframes a lot of exploration companies operate in and its enviable
disclosure: used to hold IGR and disappointed i missed the recent run up - capital tied up elsewhere unfortunately but its good to see shareholders finally rewarded
hold RRL
IGR Price at posting:
40.5¢ Sentiment: LT Buy Disclosure: Not Held
