How true... but I think Jonah will want to have something finalised by way of a jv before his presentation. It may not be KNOC, there may be competing bidders, or political risks may be holding up the deal.
Either way, we don't know what is going on behind the scenes. If there is no news for another 3-4 weeks I think there is a possibility of touching 2.5c. If there is a jv all bets are off because the daytraders will probably come in and pump it up. There would also be new investors who were waiting for a formal jv before jumping in.
- Forums
- ASX - By Stock
- RRS
- market action says .025 cents
market action says .025 cents, page-4
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RRS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online