RRL 3.47% $1.94 regis resources limited

update on flooding, page-95

  1. 21 Posts.
    A good move from the company director to resign as we the shareholder would be asking questions as to why two out of three operations are not shaping up to what was announced to the market. Reconciliation problems must be contributed to either drilling techniques or interpretations. Mr Hart being a geologist would have an impact on this.Flooding of the pits would have been the nail in the coffin.Lets hope the NSW operation will meet the same criteria as the Moolart operation which is a cash cow for Regis.The latest figures for grade, recovery and ounces is achievable and realistic and anything more is a bonus
 
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