There is absolutely nothing fundamentally wrong with the company, the hedging, the mining, the grades, the drilling, the capex or the AISC or production that I can see from the reports.
Even if we sold the next 12 months production & got rid of the entire hedgebook (@$1,556/ounce), we would still be banking $40Mil a quarter.
It’s the big boys selling some profits & rotating into developers & explorers perhaps.
Happened to SBM, NST, EVN as well. RRL is in a class of its own, I bought more today at $4.40...
Ann: June 2018 Quarterly Results Presentation, page-15
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Last
$2.66 |
Change
0.010(0.38%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.65 | $2.67 | $2.63 | $8.624M | 3.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 171129 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 42554 | 4 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
