RRL 3.08% $1.68 regis resources limited

All directors do hold shares.Fiona Morgan 1.456m Jim Beyer...

  1. 647 Posts.
    lightbulb Created with Sketch. 59
    All directors do hold shares.
    Fiona Morgan 1.456m
    Jim Beyer 169.8k
    James Mactier 139.6k
    While it is true AISC has risen dramatically in last 6 mths.
    Some of this rise could be from fall in production of Gold which raises the cost, as expenses remain the same.
    Maybe Anglogold want 100% and stuffed up production to make figures look bad and reduce the price.
    Independence has in the past made a cool $300m per annum for holding the lease.
    Regis will have to sort out the problems with the operator. They can do that they are miners and smart?

    I went to a presentation yesterday and was told to expect the US bond rate to rise to 5% by years end.
    The huge fall in earnings in 2020 from pandemic is reversing to a 16% rise in 2021.
    This along with global stimulus will overheat the economy and rising rates will stem the rate of rise.

    Greensils has gone broke and a credit squeeze in china has started for the purchase of commodities.

    All this turmoil and disruption will be good for gold by years end. I expect POG to rise in medium term.
    Last edited by Beachcomber4: 16/04/21
 
watchlist Created with Sketch. Add RRL (ASX) to my watchlist
(20min delay)
Last
$1.68
Change
0.050(3.08%)
Mkt cap ! $1.265B
Open High Low Value Volume
$1.65 $1.69 $1.62 $7.424M 4.468M

Buyers (Bids)

No. Vol. Price($)
4 19775 $1.67
 

Sellers (Offers)

Price($) Vol. No.
$1.68 15224 2
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
RRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.