We are currently sitting on a similar SP as were were a year and a half ago when gold was $400 US an ounce cheaper..
AISC has not gone up anywhere near $400 US an ounce.
So yeah there is value here, the only concerns people may have is they are starting more underground which they have not really done before and some may be concerned that McP's may not get approved.
But.. you can bet your bottom $ that if McP's is approved and development starts RRL will re-rate, if not might just go up and down within a range but also keep playing nice divis
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Last
$4.49 |
Change
0.040(0.90%) |
Mkt cap ! $3.384B | |||
| Open | High | Low | Value | Volume |
| $4.46 | $4.51 | $4.41 | $4.009M | 898.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 36190 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.49 | 8785 | 22 |
View Market Depth
| Last trade - 13.23pm 02/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |