I know of only 1 that is anything like Rumble (although not as good obviously). What many won't realise is that Rumble has the near term prospect of cash flow at Western Queen after the MRE is released. A nice portion is OP at a decent grade with plenty of local mills to potentially Toll treat with. The high grade UG Resource will also be attractive (but not as a standalone operation).
Rumble is in a rare category of explorer:
1. Promising projects with potential to be of state significance.
2. Keeps overheads low with most money being spent on actual exploration. The rushed assays said a lot as they normally play the long game and don't waste money just to pump SP.
3. Low cost optionality approach meaning they don't over spend buying dud projects. They only pay up if the project is delivering further potential.
4. Technical team that comes up with new exploration models and follow the science in their targeting.
5. They are always planning 6 months ahead and let shareholders know their plans. Sometimes they don't eventuate for various reasons but they let you know what they intend to do. which is handy with so many irons in the fire.
6. Potential for near term cash flow with low Capex
The forum is usually pretty quiet and only contains thoughtful comments. The people here actually believe in the team, back them in and don't need make up BS to pump the stock. Hopefully this endures but we are probably in the mainstream now if not soon with proof of discovery (Assays).
All IMO, DYOR GLTAH
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4.0¢ |
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Mkt cap ! $30.25M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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5 | 401657 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.0¢ | 336979 | 4 |
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No. | Vol. | Price($) |
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1 | 38000 | 0.040 |
5 | 401657 | 0.039 |
4 | 559987 | 0.038 |
2 | 300000 | 0.036 |
4 | 817824 | 0.035 |
Price($) | Vol. | No. |
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0.040 | 345979 | 4 |
0.041 | 740157 | 6 |
0.042 | 364246 | 2 |
0.043 | 291300 | 4 |
0.044 | 355000 | 2 |
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