RCF 0.00% 0.3¢ redcliffe resources limited

i wish, page-13

  1. 1,320 Posts.
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    Scorp75,,
    $616k in the bank as of 30/6/2012, average quarterly spend $320k,. Therefore, by the end of Sept quarter PRE/RCF will have less than $300k. No XMAS presents.

    You state:

    "I believe we are undervalued by approx 5c. Don't be surprised if you see this trading in the teens and higher in the next 6-12 months. Lots happening behind the scenes.With Gold strengthening it will only add more fire."


    PRE/RCF days are numbered unless you raise capital, I can't see where teens and higher will come from.

    GLTA
 
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