“They wasted A LOT of money (every single dollar they raised at the time) on consultants (with ties to the directors), excessive office rent in the middle of CBD etc. which is (at best) an extremely incompetent move for a junior explorer can make”
All the attributes of a lifestyle company. RL has been around during this time too.
Well, that’s one reason why it’s sitting there with the market ignoring it, not too distant from my thoughts about the market wanting validation about the economics.
❤️ potential Copper multi bagger, page-149
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