Good call nordesmic. At less than 1g/t RRL has to be extremely...

Good call nordesmic.

At less than 1g/t RRL has to be extremely efficient operators (along with their contractor MACA) to be profitable, especially in what is still a high cost domicile despite the falling AUD.

I recall BB from NST quoting in a previous presentation that the low-cost bulk miners day's in the sun were over given the current POG and it would be the higher grade, smaller volume operations that would take their place.

Am I recalling correctly that your recent report made note of the COO leaving who was regarded as a mining guru? If correct, maybe this announcement reflects his loss of talent.

There's always a point to re-enter but IMO it is not here.

Cheers
John