RAS 11.1% 1.6¢ ragusa minerals ltd

Ann: Annual Report to shareholders, page-29

  1. 469 Posts.
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    Be surprised if it can comeback from here, management will keep drawing the cash, no chance of CR at these levels without major dilution, by the time their finished no cash left, no exploration, sell off assets and SH get nothing. I noticed when HLF went under you would see the price surge then the sell down but would not recover fully, this went on for about 6-9 months. Similar pattern.
 
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