RRL 1.97% $1.81 regis resources limited

Under valued, page-253

  1. 2,415 Posts.
    lightbulb Created with Sketch. 1617
    Down 19.4% in 8 days.

    $1.6B market cap.

    $300m in the bank.

    That $300m DOES NOT include the extra $40m from the lower sale price of Tropicana.

    FY 22 forecast ~500,000 oz gold production per year with AISC of A$1300 per oz, and a gold price of A$2450 whicih means a profit of A$1150 per oz is only worth an EV of $1.3B.

    Correct me if I am wrong, but $1,150 * 500,000 = $575,000,000 profit (or there abouts) next year.

    AND we have McPs, a 200,000 oz pa project with a DFS due any day now, that is in the final phase of approvals with the government.

    This is beyond crazy.

    https://hotcopper.com.au/data/attachments/3561/3561847-7e7f5f4a2de02c9a42dae7ac92bc097b.jpg

    Last edited by thecrabpest: 09/09/21
 
watchlist Created with Sketch. Add RRL (ASX) to my watchlist
(20min delay)
Last
$1.81
Change
0.035(1.97%)
Mkt cap ! $1.367B
Open High Low Value Volume
$1.87 $1.89 $1.81 $9.142M 4.978M

Buyers (Bids)

No. Vol. Price($)
4 42425 $1.81
 

Sellers (Offers)

Price($) Vol. No.
$1.82 63692 5
View Market Depth
Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
RRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.