RR1 reach resources limited

Ann: Change of Director's Interest Notices x2, page-9

  1. 533 Posts.
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    Consolidation is NOT done to solely done to raise the price. You are spreading misinformation, and that could be because you're also misinformed.

    RR1 currently has far far too many SIO. It's archaic to manage and less apealing to investors. So, the consolidation has the effect of giving a whole apple for every 5 slices you hold (by the look of it, you hold Nil!). Holding fewer apples is more appealing than the slices.

    These sort of debates however, divert from the principal value proposition of RR1. I extended my RR1 holdings because of the Niobium, because of the JV and Manganese. The gold is a great to have, but not a company maker in my view. We need land access right to drill the Niobium prospect thst can be a company maker.

    GLTAH.
    Last edited by ragisd: 20/04/24
 
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