A key positive atm is no body is buying up in wait for the news, so on news it should run hard if the numbers are favourable. I say "if" because there is no guarantee.
When you look at our acquisitions, they are strategic and the terms of the latest acquisitions highlights to me personally that JB and SV have hit something major in Phase 1.. they are pretty sure about Phase 2 drilling and they already know where they are going to walk, explore and map. Mind you, this is just Morrissey Hill...
Add in the rest mate and off we go. Oh and the $12m coming in soon for the RR1O options being converted between now and May 2024 (you would be silly to let them lapse).
RR1 will have cash to use for drilling, further acquisitions and plays not just near by either. Watch this space IMO.
RR1 Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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