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Regis gets back on track

Regis Resources (ASX: RRL) has got its operational house back in order and convinced some sceptics it can deliver to plan higher forecast gold production this year. But it needs a big find or two, or a gold price lift, or more mine-life extensions – or maybe all three – to justify the high value built into its current share price, analysts say.

Regis gets back on track Regis gets back on track Regis gets back on track Regis gets back on track Regis gets back on track

Regis Resources on track to produce more than 300,000oz in FY16

The Australian gold company looks to be on track to hit a plus-300,000oz annual output target for fiscal-year 2016 (to June 30) after reporting March-quarter production of 75,600oz and sales of