RRL 1.03% $1.92 regis resources limited

update on flooding, page-38

  1. 351 Posts.
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    Nothing unexpected in the announcement; all seems to be going to plan. The ore grade is too consistent to produce a "rabbit out of the hat" - very difficult to high grade and not in the long term interest. SP drop today appears to be an over-reaction, so I bought a parcel at $2.04.
 
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