RR1 reach resources limited

Re rate happening, page-4283

  1. 2,318 Posts.
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    I think that is the plan, release some funds from the gold and then max the drill into WC. Hopefully they hit something and then target the North stuff.

    I think we still have around $3.5m estimated in the bank and if we can get a grant / WA or Fed hand out that would be great too as a bonus.

    Looking at the below numbers even at the high spend in the last qtr we have 4.84 qtrs left. The SOI is back to 874m and we have 100% ownership in more than one area of operation. IMO, all leads to an undervaluation of this stock. As mentioned in a previous post, any decent find and this could / should triple to over $20m MC. Based on todays MC it is undervalued, again all IMO only.

    https://hotcopper.com.au/data/attachments/6806/6806290-497a2f5f2b94aa0feb68461e47245f4f.jpg
    https://hotcopper.com.au/data/attachments/6806/6806293-4e6e2a988e6e5751616a30ef8c57f8af.jpg
    https://hotcopper.com.au/data/attachments/6806/6806296-87238adf1bfdda6f0f3c3412ce9e2508.jpg
    https://hotcopper.com.au/data/attachments/6806/6806299-38220ea094aa89d18500b9328066346c.jpg

 
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(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $8.744M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $2.251K 225.1K

Buyers (Bids)

No. Vol. Price($)
2 139345 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 600000 2
View Market Depth
Last trade - 14.17pm 07/08/2025 (20 minute delay) ?
RR1 (ASX) Chart
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