RRL 1.46% $2.08 regis resources limited

Under valued, page-527

  1. 697 Posts.
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    Anyone have any thoughts on EVN. Up almost 10% on acquisition news. But resource seems very underwhelming, 1g/tonne copper, 0.5g/tonnne gold. Paid a bit over 1 billion for it through debt most due via a 400 mill balloon payment due in 6 or so years.. Am I missing something. Tropicana deal got hammered but looks like a better resource. I know market likes debt better than dilution but still. Also timing I guess. Tropicana was done when people though gold was crashing, this deal done while gold is heading higher.
 
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Last
$2.08
Change
0.030(1.46%)
Mkt cap ! $1.571B
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$1.99 $2.09 $1.98 $7.611M 3.701M

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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
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$2.08
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