RRL 0.40% $2.53 regis resources limited

Hi Tony, SP is under a fair bit of selling pressure at the...

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    Hi Tony, SP is under a fair bit of selling pressure at the moment. But for long term it is a good buy.
    If POG just holds around this level 1200 - 1230, from the previous update ann, RRL will be clearing the balance of $20M debt and be debt-free - long mine life.
    Just a possibility, if POG holds and oil sustains at these levels, RRL bottom line profit will be revised up and we may get a divy review in the next coming qtrly, here hoping!
    Hold on, selling will soon end and RRL will be on its way up.
    civaro
 
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