RRL 0.38% $2.66 regis resources limited

Ann: June 2018 Quarterly Results Presentation, page-21

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  1. 7,719 Posts.
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    I still think the Rosemont news is great news, even if nobody else seems to. Everybody seems fixated on the AISC figure, which needs to be conservative until more info is gained IMO. They'll get the exploration drilling starting from underground, which saves a lot of exploration dollars (due to not needing to drill to depth from the surface), and make an acceptable profit from moving underground at the same time. I'm not sure what there is not to like. Obviously we cannot know what the exploration results will be until they are drilled, but it appears unlikely that there will be no gold in the area - lol. I expect there will be a lot of news flow once they are exploring from underground.
 
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