RCR 4.76% 11.0¢ rincon resources limited

Ann: A$5.6m Raising to Expand West Arunta Exploration, page-46

  1. 5,068 Posts.
    lightbulb Created with Sketch. 583
    yep.
    what these people don't understand is that the money has been recycled in and out from 3c to where we are today and with some money put in the long term investors pockets along the way.
    it's actually a genius strategy by mgmt to cash the company up on the coat tails of WA1 and the recent gravity surveys.
    $8M is not to sneeze at. you can't drill without cash
    I don't expect much from Pokali either but as WA1 has proven, West Arunta is an under-explored province that may contain more world class discoveries
    GLTA, its too pricey for me atm
 
watchlist Created with Sketch. Add RCR (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $31.71M
Open High Low Value Volume
10.5¢ 12.0¢ 10.5¢ $394.7K 3.610M

Buyers (Bids)

No. Vol. Price($)
4 178160 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 214610 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RCR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.