Yes, the announcement specifically pointed out that the reasoning for the expansion was the positivity they got from the first 5 holes.
It didn’t say, “Shite, we have hit a duster guys, so look, we’re going to see if someone will give us $10 million and go fishing just to see if we can find any somewhere else.”
Nope, IMO they have gone straight to a number of sources and said, “Hey you lot, we’ve drilled and it is looking gooood, how about you jump in real quick and we keep going? Ok, who’s in?”
It is all speculation for sure and just my own musings, but you cannot put in an announcement that you were confident after drilling the first 5 holes, and on that basis sought money from sophs, and then lied about it.
So commonsense must prevail here. My commonsense told me to convert millions of shares last week and I did just that. My cup is now full, and I will need to get a bigger one, maybe a mug, if I can get more $$$ to get more heads. They look very nice indeed.
Everybody should have well and truly done their own homework by now, and made their own decisions about what to do. Some don’t appear to have done so. We have heard from them here already.
Remember, 3 options as always - BUY / HOLD / SELL!
GLTAH nearly there. One way or the other.
RDN Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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