You should not be comparing the stock with what price it is, 4,5,6c doesn’t matter when you are comparing stocks. Compare the market caps of our regional peers in early exploration stage. The truth is that it’s incredibly low. You were saying all this stuff a couple of months ago before you magically disappeared so I am not sure why you suddenly changed your attitude? It could also be argued that with Pokali and the confirmed IOCG prospect, that we are even more advanced that our early exploration peers in west arunta. So surely that bumps us up even more into the undervalued category. Also, it doesn’t matter how close we are to the WA1 Luni deposit, it’s the regional geology and geophysics signatures that mean the most. Our ground looks most compatible Imo. Look at ENR, it neighbours WA1 and has been actively drilling for around 2 years yet it can’t make a discovery yet. Location does not have to be within a few km’s.
RCR Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
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