RCR 7.69% 9.8¢ rincon resources limited

Ann: Tenement Sale Agreement, Laverton Project, page-23

  1. 2,247 Posts.
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    the SP only re rated coz of luni look alike prospects not coz of DD and RC at pokali. drilling was well advanced and market didnt care and SP was 2.3c. all the value in current MC is only being attributed to chances of a luni like discovery
    you think the insto and soph investors were dumb to throw in 5.6M$ of their money at MC of 28M$ ?
 
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