In terms of Australian development projects they do come in variable quality. Staying away from operations with existing issues would be prudent. However there are multiple promising companies that with growth potential and/or a great track record. A combination of CAI and ALK come to mind, or even just a buyout of EMR or GOR. Expansion internationally shouldn't be out of the question either, especially in North America where majors like Evolution and Newcrest are diversifying towards.
RRL Price at posting:
$3.17 Sentiment: Hold Disclosure: Not Held
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