RIM 0.00% 5.4¢ rimfire pacific mining limited

Ann: Rimfire receives commitments of $3.25 million, page-53

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  1. 496 Posts.
    lightbulb Created with Sketch. 168
    Down 6.25% today. Down 33% from 8 weeks ago. It's feasible we could drop off and revert to 0.005 where we were 6 months ago - a 90% drop-off!

    It's time for the Board to put all of this to bed - disassociate themselves from Giovinazzo, and pray like never before that they can find a white knight to inject money into RIM.

    I'll never understand why they don't like the colour of, WA Richlister, Billis's money. If he could be resurrected surely this is the best outcome for SHs. He offered something like $4M less than a year ago to kick things along - where would we be today with these exploration funds and his mining acumen? I'd like to think the SP would be much more than 20 cents...

    I don't know the ins and outs of this court case. It appears to me that if Giovinazzo is unsuccessful in his defence then GPR are gone, and if he succeeds we are gone anyway - as GPR will fail again in delivering its commitments. Lose, lose for SHs.
    Last edited by givebobajob: 17/05/24
 
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