RR1 reach resources limited

Ann: 17.65% Niobium & Exceptional REE Results from In-Situ Source, page-84

  1. 7,100 Posts.
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    Hello. Please. "Leverage" does not mean 136K vs 200K. At best 100K vs 200K. Too much downside risk.

    In your scenario, the RR1 Share price must reach 4.7 cents before the RR1OA breaks even with the RR1 purchase. The market cap of RR1 must be $53M.

    As I said, too much risk. It is not leverage. Leverage is when I could have bought RR1OA for 0.05 cents (I was sitting at 0.4 cents) while RR1 was 1.6 cents. Leverage is 3 to 1 at that level.

    YOU ARE PROBABLY NOT A BUYER TODAY OF RR1OA. INSTEAD, you sound like a luyer rather than buyer.


    Last edited by GKeden: 12/06/24
 
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Last
0.8¢
Change
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Mkt cap ! $6.995M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $12.59K 1.574M

Buyers (Bids)

No. Vol. Price($)
8 5757817 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 2350000 4
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