Regis Resources Ltd ASX:RRL - A Valuation on 17th June 2021

This Australian gold miner has little sovereign risk, but uncertainty about the approval of a large mine in NSW, the joint venture, and recent AUD gold price declines have brought the price down.

Regis Resources Limited engages in the exploration, evaluation, and development of gold mining projects in Australia. The company owns 100% of the Duketon Project located in the North-Eastern Goldfields of Western Australia and the McPhillamys project situated in the Central Western region of New South Wales.

As of 31 December 2020, the company had an ef…