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6.67% 1.4¢ redcastle resources limited

Ann: High Grade Shallow RC Drilling Results at Redcastle, page-22

  1. silvahman
    4,392 Posts.
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    17/05/22
    14:02
    Post #: 61454291
    An acquisition will result in less funds to fund projects and sell down in securities to approximately 1.2c. If they have good grades on the flagship high grade shallow project they should stick with it and advance it. A lot of stocks I watch, the management have no clue how to run a company. So an acquisition would be the wrong move imo.
    RC1 Price at posting: 1.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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