RAG 10.0% 1.8¢ ragnar metals limited

Ann: Capital Raising to Fund Drilling Program at Tullsta, page-2

  1. 3,665 Posts.
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    Disappointing assay results given the company said this back in July:

    https://hotcopper.com.au/data/attachments/3777/3777186-24da9ee77e499ba6474b90515e8d80aa.jpg
    ....
    and this today which is basically the opposite of what they suggested:

    https://hotcopper.com.au/data/attachments/3777/3777192-c91605f4f93559f989306ab0a5f29743.jpg
    https://hotcopper.com.au/data/attachments/3777/3777198-3eb5673e8c1c37c0a13e4b483046b568.jpg

    This project doesn't excite me anymore - the grades so far are just not great, the size is not determined and it's costly/deep to drill. I was hoping for some more confidence in the DHEM results today, but it's not evident. The acquisition of a new project indicates that they are not confident or excited here.



 
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