FME 0.00% 2.0¢ future metals nl

buy an elephant for 35c, page-7

  1. 4,947 Posts.
    lightbulb Created with Sketch. 1099
    Thanks for replies to my questions/comments.

    I remain bullish with you.

    My exit price was lower but am happy to see others even more positive than me.

    Do readers have any thoughts on RMP's corporate strategy?

    I see RRS decided to dilute and diversify - suggesting that management want to cover their tails (which is fair enough).

    However, the dilution factor must have been disappointing to many.

    Two inferences:

    1. Punters wanting leverage will prefer RMP to RRS

    2. Punters may be worried that RMP will emulate RRS....

    I think management are prepared to run the gauntlet and risk a failure in Georgia, but hope for success and raise mony at MUCH higher levels for any future aquisition growth.

    What do others think?

    DYOR
 
watchlist Created with Sketch. Add FME (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.