Like 99% of explorers, they go back to the drawing board, reevaluate their assets, find more targets, raise capital and explore and drill again. In the very unlikely event that the juicy Avalon target comes up as a duster, then we likely retreat back to around 3c which is what we initially were pre Avalon anomaly discovery and pre Pokali drilling. I remember this period well because it was where I was accumulating RCR stock. 3c levels are no capital, no drilling and no firm targets, so that is likely the clean slate and reset level. Just goes to show how cheap 5c is considering it is only a slight drop back to 3c levels and we are in the middle of a massive drill program on multiple targets. This is why I expect the share price to reverse and rebound quite well from these oversold levels imo.
- Forums
- ASX - By Stock
- RCR
- Ann: Avalon Nb-REE Drilling Gets Underway
Ann: Avalon Nb-REE Drilling Gets Underway, page-295
-
- There are more pages in this discussion • 142 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RCR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
-0.002(12.5%) |
Mkt cap ! $4.095M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $39.90K | 2.849M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 982239 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 2672644 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 862239 | 0.014 |
3 | 1820000 | 0.013 |
4 | 901999 | 0.012 |
2 | 180999 | 0.011 |
3 | 150000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2672644 | 4 |
0.016 | 1003456 | 2 |
0.017 | 614990 | 4 |
0.018 | 336666 | 3 |
0.019 | 307500 | 3 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
Featured News
RCR (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
SPONSORED BY The Market Online