ROL 0.00% 48.5¢ robust resources limited

placement $30mil at $1.65, page-19

  1. 2,782 Posts.
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    Let's get a few things straight before we cry we were robbed.

    Like Rab, I agree you had every chance to buy at $1.30 to $1.65 over the last few months. Fortunately I did buy at these low levels.

    ROL has a tight register so the run to $2.20 is not hard to do, as will the next run to $6. So don't get caught up that it was offered 30% under yesterdays price, as ROL can fluctuate 20c or 30c without much volume.

    This company has only explored 2% of its target area. These type of companies are lucky to raise $3mill at these early stages let alone $30mill.

    The only conclusion you can come to, is that these investors would have done some due diligence that confirmed to them that this will be a huge economic deposit potential. I am over the moon they raised so much, and it gives me the confidence to buy even more at these prices or hopefully a little lower.

    You can also bet your bottom dollar that the next results will be out very soon
    and that they will be huge. Why? Because $30mill would not have been raised on just a hope and a prayer.

    Finally stop feeling sorry for yourselves and just buy in the next couple of weeks, as this announcement is telling you more than just raising money at a discount.




 
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Currently unlisted public company.

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