kray, smiling no , but things change and if we can pre-emp change, we can still win against the big boys, looking at McK post below, McK was extremely close, not a capital raise but bad/but good news. Regas will now have to definitely slow the capital raise, (with inflation 1.2 billion to setup a decent mining operation at McPhillamys ?) ( "But did they already knew this?, looking at McK post, I bet they did ?" )
Instead they are now focusing on mining Duketon, but management will need to be changed, to get the best out of it.
Remember Kray RRL is printing money, I am guessing 30 million a month profit and now cash is greater than their 300 million debt.
McK "To me it looks as if RRL is priced as if a cap raise for McP’s is imminent."
Remember folks, to do your own homework and follow the rules for investment, as I know nothing!
RRL Price at posting:
$1.65 Sentiment: Buy Disclosure: Held
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