It's interesting to see RTR at current market cap of $134M.
For a company with such a large proven resource, RTR seems way undervalued to me.
Anyone care to share what they believe this company's fair value should be?
I would of thought minimum $300M !
Someone here mentioned how an entry price of 20c at current MC is a sound investment considering the dollars RTR have spent on proving up the resource & now with an MRE of 94 MT confirmed.
It's hard to argue with that IMO!
I think we're all aware that the limelight has been on Lithium & then Rare Earths through 2022.
Zinc just hasn't shined.
I guess the drop in the price of Zinc since the peak this time last year doesn't help either.
Zinc down 37.8% over the past year (Basically from peak).
Judging by the zinc futures chart, to me it looks like a reversal isn't far away though.
The market has also been pretty upbeat on Silver lately too....
Hey, does anyone realise RTR have 12.6 Million Ounces of Silver?!
94Mt @ 3.1% Zn+Pb and 4.1g/t Ag (at a 2% Zn+Pb cutoff) for
2.2Mt Zinc, 0.7Mt Lead and 12.6Moz Silver of contained metal
WOW!!!
What is this market's tough audience waiting for?? 50M @ >1% Copper Interval? Maybe a REE or Lithium Discovery?
Or maybe it's because RTR hasn't yet reached teir 1 status of 100MT?
It boggles the mind to read highlights such as these few taken from the MRE News only to find RTR stalled at sub $150M MC.
- Earaheedy represents one of the largest zinc sulphide discoveries globally over the last decade
- Deposits remain open with less than 35% of the 45km Unconformity Unit effectively drill tested
- Significant potential to increase to Super Giant category (>300Mt)
To me it seems just a matter of time till RTR reach Super Giant status. Slowly, but surely.......
IMO, Looking ahead 2-5 years, this company reeks of a $1 Billion + MC.
Can you hear the distant rumble?
GLTAH,
Watchthisrise
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