RIM rimfire pacific mining limited

Ann: Fifield Termination Update, page-30

  1. 496 Posts.
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    Who Cares? What a nonsensical retort. Shareholders care immensely

    1. Their SP continues to free fall (down again today)
    2. Their Board have themselves embroiled with a convicted fraudster. Resultingly, SHs are now exposed to extensive litigation and (I guess) damages claims in the 10s of millions
    3. The Board will likely need to show a contingent liability for these damages in their accounts
    4. The Board has insufficient capital to fund operations, especially when they will have increasing legal expenses.
    5. The Board will not be able to attract adequate capital as no savvy investor will want to enter with all of the risks of management/dispute/litigation. With 2,200+ companies listed on the ASX with most of the small caps screaming for capital they will choose a better opportunity.

    I could go on. You say you are only interested in "...the resource, drilling and progress" . That is very shallow and you need to think like an investor and look at the whole picture.

    RIM is deep trouble. Anyone who seeks to sugarcoat this is, IMO, either unaware of what is going on, delusional, or has another agenda.
 
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Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $35.36M
Open High Low Value Volume
1.4¢ 1.5¢ 1.3¢ $19.49K 1.392M

Buyers (Bids)

No. Vol. Price($)
1 1135 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 815039 2
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Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
RIM (ASX) Chart
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