- 2 May 2007
@finicky I wish your observation could be right as the prices are just turning up.@Miner , RRL's operating cost is up but still making profits and paying a now excellent dividend yield (at today's price) Can't know yet whether the switch to u/g for some of Rosemont and other mines will work out - but great management, high ROE historically, modest share issuance inflation, cashed up, consistent dividends - chalk and cneese I would say but market is unappreciative for sure, I paid more than this for shares back 5 years ago. Also, with RRL, can't be confident yet as to how their McPhillamys development project in NSW will go.
However AISC is reasonably high. Directors bought only 4 to 5000 shares which is peanut if they rely on themselves.
However 24th Feb is only a week way to open the box - goodies or otherwise.
Next few days stock travel will give us more understanding.
Having said - #220 M cash in hand and no borrowings - can not be ignored ever.