RSN offers 100% 1 month upside from these levels with flagship drilling campaign well underway.
Chairman and by far largest shareholder = Steve Bizzell. He put down another $400k odd recently leading into the drilling.
Mkt Cap very small. Around $12mn odd. Potential for $25-$30mn mkt cap re-rating on results. Previous results showed gold graded up to 395g/t!
ie, EXTREMELY HIGH GRADE
Steve Bizzell Executive Director Arrow Energy (AOE) and very well known and regarded industry participant.
http://www.arrowenergy.com.au/page/Our_Company/Board_of_Directors/Stephen_Bizzell
Stephen Bizzell
Executive Director
Qualifications
BCom ACA
Age
40
Stephen is a Chartered Accountant and early in his career was employed in the Corporate Finance division of Ernst & Young and the Corporate Tax division of Coopers & Lybrand. He has had considerable experience and success in the fields of corporate restructuring, debt and equity financing, and mergers and acquisitions and has over 14 years' corporate finance and public company management experience in the resources sector in Australia and Canada with various public companies. He is Chairman of boutique investment banking and funds management group Bizzell Capital Partners Pty Ltd and has been an Executive Director of Arrow Energy since 1999.
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