RR1 25.0% 1.5¢ reach resources limited

Ann: Pegmatites provide potential Strike in excess of 10km, page-42

  1. 179 Posts.
    lightbulb Created with Sketch. 23
    You could buy the rites to own 1 million RR1O shares for 0.006 this morning.
    This is = to $6k

    Then its your call - If you exercised your options before expiry, you would pay the 1c x 1,000,000 = 10K

    So the 1,000,000 total would be $16k to be proud owner of RR1

    However, the price of the share could be 0.07 (70k) by the expiry or could be 0.01(10k) thats the educated gamble you take.
 
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