RNX renegade exploration limited

A few takeaways from some of the interviews RK gave in recent...

  1. 7,645 Posts.
    lightbulb Created with Sketch. 2111
    A few takeaways from some of the interviews RK gave in recent weeks.
    #1. He said he would be conservative in how he would go about announcing anything.
    At this point the SP is the least of his concerns (imo)... if it's going to be a discovery hole all he needs to do is play everything by the book... which means complete the hole. @DingoUgly guessed they're around 1300m which sounds good to me so could be another 10 days yet.
    #2 Another thing RK said is they were trying to line up some in-house assaying to offer to market ahead of the formal assaying results. So.. a friendly mine nearby? A local lab? Something done in a shed? XRF for sure but that tends to be only indicative and doesn't give actual grade.
    #3 He can still present at the upcoming conference without the results announcement. It is only one among many events he will attend if the drill is successful.
    #4. On completion of drilling an announcement of the style of geology might appear with the assays to follow.

    My take is if it's a major discovery there is no need to rush. Maybe anxiety producing for holders but it's the correct business behaviour.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.865M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $716 233K

Buyers (Bids)

No. Vol. Price($)
23 12894248 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 5026772 7
View Market Depth
Last trade - 15.50pm 17/06/2025 (20 minute delay) ?
RNX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.