I just got around to listening to the latest update from management, they said McPhillamy's progress is 'frustrating' and they hope to possibly get a response in the first half of 2022 calendar year but it could be further out than that. The tone didn't inspire confidence at all.
Another big concern is they have had very high staff turnover. Also, many of their employees haven't confirmed whether or not they will get the jab, and with vaccine mandate coming into effect around January I think - they are worried they could lose a portion of their workforce because of this.
Duketon mine-life 4-5 years left open pit, 5-7 for underground grades.
RRL Price at posting:
$2.13 Sentiment: Buy Disclosure: Held
(20min delay)