Australian (ASX) Stock Market Forum

RRL - Regis Resources

My best goldie today. Tack another dollar onto the share price and I'm outta here. I put a fair bit into this around 8 years ago because I thought it was the most conservative gold miner. I thought Northern Star, which I was also accumulating, was risky by comparison. Looks like it will clear the prior swing high of ~2.34, then ~2.45 will be the ultimate challenge - third time lucky, as is often the case when busting resistance. The base is now well over 2 years old - that's enough.

Held
Waiting to vomit it up.

WEEKLY, not showing today's 6% rise
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The Blue-Banded Bee Dreaming Conspiracy has some wings.

Plibo is being dipped in honey and put on an ant's nest.

Surely, she's going to get stung on this one.

Screenshot 2024-10-17 at 15.57.19.png
 
The Blue-Banded Bee Dreaming Conspiracy has some wings.

Plibo is being dipped in honey and put on an ant's nest.

Surely, she's going to get stung on this one.

View attachment 186037
must be from Annerley ( Brisbane ) in Queensland , they have blue-banded bees there , i have seen them ( in daylight and resting at night ) , i had no idea they dreamed though .

( i hold RRL )

PS and they have existed there since at least 2006
 
The Blue-Banded Bee Dreaming Conspiracy has some wings.

Plibo is being dipped in honey and put on an ant's nest.

Surely, she's going to get stung on this one.

View attachment 186037
Just a political stunt.
The coalition have zero chance of it getting through the senate.
The greens will side with labour to kill off a mine every time.
That gives them 36 of the required 38 senate votes to vote it down.
Only need to bribe two of the independents or UAP senator and its dead in the water.
mick
 
October 24 update: Massive price rally during October. Can it continue?

Qrtly report to Sept 24: Gold production of 94.5koz at A$2495/oz

MD says it all at the start of his report, "This Sept quarter was turbulent, with strong business performance combined with very frustrating development at our McPhillamys Project."

RRL writes off $192M of historic development costs in their McPhillamys project.

The movie title, The Good Bad and Ugly comes to mind when looking at Regis. I maintain a positive outlook for RRL but couldn't buy it now after the strong price rally. May it continue for my yearly comp performance.
 
RRL @ 2.40 today. Breakout from 2 year base was @ 2.45 by my observation, so messing around with the breakout. I think it has room. Doesn't look as bad as Northern Star at the moment (gulp)

Held
Tradeable

WEEKLY
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