RRS 0.00% 0.1¢ range resources limited

armageddon out?, page-5

  1. 1,075 Posts.
    Hi Smartinvestor234,

    I like your conservative approach and logic.

    I definitely agree the elephant in the room will be dilution, which is why I chose to include the 'in the money calls'. There will be probably further dilution also but at least RRS should be able to take advantage of its position as a substantial SH to take advantage of any special offers. Of course this investment will need to be compared on an 'opportunity cost' basis with Trinidad and Georgia.

    I'm appreciate, even with your reasonable and prudent conservatism that the investment in TPT:

    "Seems like a solid investment though- limited downside with high upside."

    I agree, and as I think you were pointing out, I also agree, there is a long journey for TPT to travel before will get a full understanding of the value of the investment in TPT.
 
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