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7.3¢ red river resources limited

well they habe a clean slate now, no royalty, no covid,...

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Beachlover

2,297 Posts.

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28/08/22

16:45

Post #: 63368776
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Originally posted by Galiger: ↑

The no capital raising was indeed a good thing through COVID times.
I'm just wondering though, has the "prudent" financial management added to the slow progress?

If a cap raise was done at lets say.. 20c.. Would this have fasttracked certain aspects?

No idea, just some thoughts. I am not against capital raises if they are used for "proper" purposes and not just "to keep the lights on" sort of thing.

I've got a few stocks in the "bottom drawer" - at the moment RVR is one of them. More interesting to focus on other ones at the moment. RVR price seems very attractive at the moment with its price and its potential, but, I can't change sentiment from "hold" personally. A waiting game.

On a side note. Busy time of year for finance industry! Tax time!

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well they habe a clean slate now, no royalty, no covid, hopefully no cap raise etc etc. if they do wel,
credit
to them, if they dont, uess $&@(@!!!

RVR Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

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