Ann: 2024 EXPLORATION CAMPAIGN - WEST ARUNTA, page-29

So I've decided to throw my hat into the ring and take a sub 4c position in RCR. The low number of SOI, low MC, relatively OK top 20 share of total holdings (and that they are sitting on big paper losses atm and likely to wait to break even before selling out), impending drilling programme, robust volume and perhaps limited downside pre-results suggest that it is more likely than not to trend up to 5c and perhaps further in the near future. In the event a big run occurs, I'd rather be in now than chasing this at 4c+. GLTAH.