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4.30%

9.7¢ rincon resources limited

Ann: 2024 EXPLORATION CAMPAIGN - WEST ARUNTA, page-769

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investor901

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25/03/24

02:20

Post #: 73035767
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Originally posted by coto: ↑

Like I have said a few times, the market is currently pricing us in at not being successful in this drilling program. That’s how crazy this fickle market is and how great the opportunity is here. If we have dusters across the 2 diamond holes and multiple RC holes then we stay around current share price 2-3c. We will have to reevaluate, decide on further targets from the current active geophysics program at West Arunta combined with existing known information in relation to mineralisation and geophysics signatures in our west Arunta tenures. Then we will probably raise another couple of mil again, for drilling and further exploration and and rinse and repeat. So there is not a lot of downside from these share prices on everything going wrong in the current drilling program Imo. If tant sort of decent intersection or mineralisation takes place then this will re rate to a $100M plus market cap imo. Basically a 10c plus stock.

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100M$ MC would give it SP of 50c

RCR Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 9.7¢		Change 0.004(4.30%)		Mkt cap ! $27.96M

Open	High	Low	Value	Volume
9.4¢	10.3¢	9.3¢	$1.381M	14.03M

Buyers (Bids)

No.	Vol.	Price($)
3	358333	9.6¢

Sellers (Offers)

Price($)	Vol.	No.
9.7¢	69917	1

View Market Depth

No.	Vol.	Price($)
3	358333	0.096
4	259063	0.095
1	500000	0.094
4	180362	0.093
3	432000	0.092

Price($)	Vol.	No.
0.097	69917	1
0.098	158765	2
0.099	228969	3
0.100	435414	8
0.105	1180224	10

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last 9.7¢			Change 0.004 ( 3.74 %)
Open	High		Low	Volume
9.5¢	10.3¢		9.3¢	7421900
Last updated 15.59pm 03/06/2024 ?

RCR (ASX) Chart