I totally agree with you Tim, the fundamentals are like trump cards, this current announcement brings into focus what to expect here. I am looking at 4.5 to 5.5c.
It is obvious to me that 3.4 will be retested again, in my opinion this cannot be in doubt so that leaves me with lots of accumulation and interest.
There is nothing wrong with selling at 2.2c-2.4c especially for people picking it up cheap at the moment but for us long-termers I want real growth on my capital. For me ROB is undervalued for allot of reasons. It was oversold for allot of reasons and is swinging nicely for anyone liking quick profits.
You have been spot on in your predictions Tim. It would not surprise me for another run next week because the market is slow to understand announcements that are more strategic in nature.
How quick can some real data get back from this license? Actually very quickly compared to other commodities...
How prized is this geology and region? Arguably the hottest real estate in the world 2012-2017!
How is China going to grow in the next 5 years? There is nothing to compare it to in history!
How can ROB take advantage of its assets and create real value to the company quickly? The Easiest way is 2 fold:
1/ Management: The Kingmakers and new experience on the board is actually very cheap value adding to a company. Companies in ROB's state go to the next level very rapidly because the market backs people as much as assets! The Kingmakers look at the capital, low debt, low expenses, and experience on the management and trust that this little caterpillar is going to come out of its cocoon and fly. Many times trading halts are not to add value, in this case fundamentalists on here will agree that adding one or two key people can make all the difference.
2/ CR: Money follows management but also raising capital for assets makes the market very pleased. The speculation about what price should be set and so forth is at this stage a little bit of a distraction from the fundamental changes at play in ROB at the moment. I say that everyone should look closely at who is running the CR. Many companies fall short not because of anything other then who is running the CR! The only way for a true repricing of ROB is the CR! Capital Raising is for the natural growth of the company and therefore our capital.
I like ROB as a company for a few reasons. I like what I see history wise in the management and company. The company went through changes that took vision and guts and now the market is looking at ROB and asking in this new run of assets are we happy with this direction and I think the market is thrilled for its focus into Coal and Mongolia. Mongolia's whole country is geared towards helping foreign investment explore its resources.
The geology in this region is incredibly exciting, yes there is talk of further licenses, this is good but first I think, in my opinion, ROB has to take everything one step at a time. The CR is very important because it opens the asset to exploration, and positions ROB to rapidly add licenses, ROB's true asset. But still it is important here for ROB to continue to communicate its vision and take things logically, and this is what was so good about the announcement, it was logical and outlined a sound step by step plan. It wasn't a flashy hyperactive announcement that ultimately can make everyone nervous, it was in fact a nice clear review and confirmation.
So will ROB get another touch at 3.4? It is as inevitable as sunshine in my opinion!
ROB needs to talk about its advisers and let the market know how good its team is! I was not surprised that the license was taken up; ROB has gone through allot to recreate itself and want's to go to the next level. Everyone wants another HUN here, if ROB does half as well any accumulation under 10c will be considered cheap long term.
What I love is how fast these little companies can move. If the brokers decide to swing it a few times on the way up this is a natural part of the market. So I see this as an exciting next 6-12mths for ROB holders.
Once again thanks Tim, keep up your good calls mate.
PS - It is easy to make errors; everything I have said could be wrong; DYOR!
Kind Regards
ROB Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
