RR1 reach resources limited

A very valuable lesson everyone learns eventually is that there...

  1. 243 Posts.
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    A very valuable lesson everyone learns eventually is that there is no such thing as getting rich quick. Going after rare and valuable commodities like niobium is all about luck, something you can't control. The key is to build sustainable growth. Once you have established your operations, then you can take a punt on the rare stuff.

    Hindsight is a great thing but we should have prioritised the gold first to start getting some money in. We already know we have decent gold grades so the main goal for me is to expand our resource with more high grade gold. After we get these operations going I would like to see us explore our Mn deposits which are also high grade (around 48%) and have a huge strike zone.

    In terms of SP we really need to breach the 1c mark and target 1.5c to survive. They key to this is to maintain momentum and hope we get some 'golden' drilling results. In the meantime all eyes will be on the company's spending. Hopefully, the board will will spend responsibly and not look after themselves.

    GLTA.
    Last edited by Jakolu: 09/01/25
 
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Mkt cap ! $9.618M
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