CAPITAL MARKETS

Gold miner Regis sees stockpiles as valuable after non-cash adjustments

REGIS Resources will pay out A$23 million in dividends in fiscal 2022 after reporting a statutory net profit of $14 million that was impacted by $60 million of non-cash, post-tax adjustments.

Regis managing director Jim Beyer

Regis managing director Jim Beyer

The latter related to stockpile inventory and surrendered exploration licences. Speaking on a conference call, Regis managing director Jim Beyer made the point the stockpiles "are quite valuable", with...

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