I'm pretty confident that we will see an announcement at some stage next week.
Could management be better at communicating the work being undertaken; obviously, yes.
As a long term holder I wouldn't be discouraged by a CR, although, if it was to occur, would prefer it be extended to current shareholders to participate. Noting, this may not happen, if it's a small raise, as too costly.
The basics are there, low market cap, reasonable cash holding, and considerable opportunity with both Yandal East and Yukon.
I would expect on some continual updates from management on drilling schedule and tenement plans we will see a significant re-rate to current price.
RNX Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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