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Reach Resources (ASX:RR1) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)


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What is Reach Resources Buildings And Improvements?


Reach Resources Buildings And Improvements Historical Data

The historical data trend for Reach Resources's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Reach Resources Buildings And Improvements Chart

Reach Resources Annual Data
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Buildings And Improvements
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Reach Resources Semi-Annual Data
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Reach Resources Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Reach Resources (ASX:RR1) Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 4, South Perth, Perth, WA, AUS, 6000
Reach Resources Ltd is a gold and base metals exploration company. It is currently involved in the Primrose Gold Project and the Skyline Rare Earth project. Skyline Rare Earth project is in the Gascoyne province of Western Australia. The Company acquired additional rare earth ground via Critical Elements Pty Ltd which is approximately 80km south of the Skyline Rare Earth project.

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