without an update, this would surely indicate they have met or exceeded guidance..
has had an amazing run up so far and stabilised production that may beat guidance should give the market confidence although it is starting to top out IMHO... the elephant in the room being the POG of course and that is looking good if US holds fire on rates and China slumps..anything inverse global growth is good for RRL
best gold stock opportunity on the asx when this was belted over production issues... it looked like a train wreck on the chart but the fundamentals were strong especially considering the commodity and the exchange rate..
Moving forward, the resource upgrade in Dec QTR looks like it will be closely watched as Nord says this will be contributing towards mine life and potential future production increases.. if they meet guidance again and increase their resource $2.00 will be history
Final dividend for 2016 could also increase as the rivers of cash keep flowing into their coffers..
The only thing that will derail this is another act of god in the form of monsoon rain and or flooding.. keep one eye on the weather in WA as an odd ball indicator..
Pre Buy Back - Bye shorters, page-27
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Last
$2.56 |
Change
-0.030(1.16%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.60 | $2.54 | $4.403M | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 94933 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 35564 | 3 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
