while fridays upswing was good to see, we don't know the reason for it (beyond pure speculation) as no new news has been forth coming. If the SP continues to trend upwards then I will start to feel more positive - but the smell of burnt fingers still lingers around RAU so I doubt the SP will rise significantly until the market gets some concrete news on some concrete projects that can realistically be proven. And more importantly, some projects that come with actual signed pieces of paper.
Unfortunately for RAU, even if they are actually onto an amazing project that is 100% legit, the market is going to look at them with distrust.
tindale, page-28
Currently unlisted. Proposed listing date: WITHDRAWN
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