Clarification. I'm not a complete outsider to eh deal I was/ am in IGO so following the asset but more so because I have an appreciation of what outlook was required to unlock its potential.
BTW my conviction is based on the fact that I am pretty sure with automation and EV mobile plant (trucks), costs of production will come down that will be leveraged by the fact that RRL itself generally mines low-grade low margin (high tonnage) operations (like the Purseus ones in Ghana). (Note your extensions to existing mines).
Your directors have got it, right gentlemen. Let the run of the green help you.
Tropicana, page-134
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Last
$1.92 |
Change
0.120(6.69%) |
Mkt cap ! $1.446B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.92 | $1.87 | $14.41M | 7.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10157 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 165950 | 16 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |