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3.7¢ rafaella resources ltd.

Ann: RFR strengthens PGM-Ni-Cu portfolio in Canada, page-8

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Jolly67

64 Posts.

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08/06/22

10:22

Post #: 61886472
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Originally posted by BerserkWarrior: ↑

Portugal gone, Spain going nowhere & little in Canada. Continued cycling of assets without any value add is just seeing this cash burn when they can't afford it. The direction of the share price says it all. Considering lack of progress to date I have no confidence that Steven Turner has the capacity to see these projects through to shareholders eventual reward. Resource explorers/developers have to demonstrate an ability to advance their projects. That would not appear to been happening for RFR. Kudos for assembling a decent portfolio of projects but if you can't progress them there's no point. This has been a disappointment yet could I feel still do well under the right stewardship.

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Yes, it is quite a backflip, from sole focus on tungsten and going to offload Canadian assets a couple of months ago

RFR Price at posting: 3.8¢ Sentiment: None Disclosure: Held
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