FWIW....
I have now a position size which breaks my own trading rules... so take this into account when you read this post.
I have spent the last several hours agitating, asking myself have I overcommitted. Replayed the video of the presentation a few times, been annoyed with myself for trusting an anonymous poster (sorry @Misschow I think you have lied to us... haven't heard from the company yet) and tried to think this through.
I am going to run with it and see. The factors I am weighting are... RK said it's a big system and he wants to drill it further (the anomaly is not something stupid). The Ernest Henry data and the drill (so far) is correlating and he is happy to emphasise that. The phrase he used was ". it's telling us what we might have to do in the future to have a really,.. really good wack at trying to find a meaningful large deposit". .. I am interpreting this to mean they have a successful drill result and now need to prove a commercial project.
Just my thoughts. Maybe (hopefully) I have blundered my way into a big winning trade. That would be nice.
RNX Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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