GREY:RNKLF - Post by User
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NEWBIEVESTORon Apr 08, 2020 9:39pm
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Post# 30892613
RE:RE:TMR VS RNX own one? should get both
RE:RE:TMR VS RNX own one? should get bothNo flood Buko
they having lots of mill problems which is why it’s cheap stock. 2000tpd upgrade completed in 2017 but only one quarter since managed to run as high as 1800tpd. Jan/feb only ran at 990tpd but 11.8gpt so still pulled in 19k oz. they need cash to work on the mill while paying debt and rising gold price is being their saviour. March was supposed to be better mill rate so should see ~30k oz Q1. x$500 CAD an oz profit is $15mil to get things going. When this mill gets run proper they will do 180k oz at $800-900AISC
From $7 to $0.45 bottom easy money here