RCR rincon resources limited

Ann: A$5.6m Raising to Expand West Arunta Exploration, page-160

  1. 10,189 Posts.
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    this was always a pump. Now they need the results because no one knows if they are any good and because they raised just before results means management kind of already know that the results will be average hence why they raised early instead of waiting like WA1 did after the results

    The raise was an indication of a poor outcome coming up. Still holding a very small parcel
    Last edited by Roch2077: 05/06/24
 
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