Definitely a low risked diversified stock that appears to be substantially undervalued.
Cash holdings are actually 1.6 million in the bank and 1.38 million in subsidiary company (CRL). So nearly 3 million cash all up with a MCap as low as 8 mill.
One coking coal project with a NVP of 400+ million.
Another with one of the worlds highest grade new tin projects. Also currently drilling with potential to triple resource
Plus another project with potential mirror similarities to a 10+ million oz gold mine.
All current projects also fully funded with plenty of local support from local communities.
All this for an EV of 5 million.
Just a matter of time until market wakes up and reacts unveiling the true value of this stock.
Don't see why a company like RCF would become a major shareholder with most shares being purchased at a premium to current price, without seeing future potential.
Best is still yet to come in my opinion
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