RAS 7.14% 1.5¢ ragusa minerals ltd

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  1. 5,410 Posts.
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    He is. His side hussle Argosy just hit $1b MC, ASX300, so I think that any feasible resource for RAS will get it to the pre-production starting line of around $100m MC. I'll eat my hat if it doesn't. That's 7 bags from here and it won't happen at this end of a parabolic fall, but it looks fairly bottomed out so it's set and forget for a year maybe. Cash is fine for now and JZ seems pretty good at getting finance and putting Options healthily into profit by expiry.

    $500m MC isn't that big for any co bearing lithium, so 30-35 bags more or less in the bag?

    *If you consider this financial advice, you're probably better to hit the pokies.
 
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