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1.4¢ reach resources limited

Ann: Pegmatites provide potential Strike in excess of 10km, page-28

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MadSklz

99 Posts.

13

15/09/23

09:59

Post #: 69869283
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Originally posted by Snowy84: ↑

Thats my theory, the big end waiting to see what is actually in the ground via lab reports. Once confirmed it can shoot..

Also have a feeling the big end are holding it where they want.

At DLI it was the same, got held at a level and then out of the blue after market an order at 92.5c and everyone went OMG did you see that. In truth that is where the market should have been at least and MIN IMO was holding it back at the lower level making their order seem outstanding.. Then of course the SP went back to the normal lower level. If MIN again IMO didn't slow / stop the SP at the lower level then they would have been paying well over the $1.10-$1.20 level. Again all IMO. So it seems a similar pattern here. Held back for a reason.

The likes of MIN and GINA don't get wealthy by chance.

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Do you think MIN would try TO similar to NWE for RR1/VSR/etc?

As per the article, they seem to wait a bit for the juniors to come up with goods, then attempt

@ NWE, the shareholders were attempting to band together to refuse, but we had a duster come up and MIN gobbled up 80% fairly quickly

RR1 Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $12.24M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$4.235K	302.5K

Buyers (Bids)

No.	Vol.	Price($)
4	622794	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	1782	1

View Market Depth

No.	Vol.	Price($)
3	572794	0.013
4	675625	0.012
8	1210909	0.011
5	836271	0.010
5	1137992	0.009

Price($)	Vol.	No.
0.014	1782	1
0.015	1202200	7
0.016	647888	3
0.017	240479	3
0.018	166694	2

Last trade - 10.44am 03/10/2024 (20 minute delay)

RR1 (ASX) Chart