rmx on 11th feb 2014, page-122

Definitely far from the end of the world. The opportunistic method though to raise more cash will create some resentment between investor and company. I am sure there'd be investors out there who did not bother applying for the placement thinking (rightly) that they would only get a small portion of twhat they requested. Obvioulsy for those who did apply, they would be happy to receive most of what they requested. Me, I'm not fussed because I bought options and already made close to 200% and am pretty close to a free carried state. Though I do put a red mark on this opportunistic approach to raise cash.

The question is what happens from here. As there are far more shares than anticipated I expect some pressure over the next few days, if not week or two. But to counteract that we are keenly waiting for further positive announcements including drilling results and scoping study.

It's a bit of a guess for me where the share price will head from here in the short-term. It really depends on when these announcements are made. Bottom line is the marketcap. Diluted including RMXO shares we're looking at a $20mill marketcap at 2.5c a share. Is this too much at this stage? I personally say no, there is quite alot of potential increase in MC from here, however it was only $10mill a little while ago so how will the market absorb this.

Interesting trading ahead.