RIL 0.00% 0.3¢ redivium limited

Ann: Hannans - Drilling at Spargos Prospect for Nickel, page-14

  1. 576 Posts.
    I expected drilling results from all their programs at forrestania and QVR last month. The lastest announcement said end of this quarter which is the end of this month.

    To be honest I have probably got enough patience for the next few weeks until the 31st, but nothing more after that I'm afraid; that's my breaking point. In any case there is probably little point in jumping ship now when I'm knee deep in water.

    The investors who jumped in at the 1.2c CR cant be happy either right now.
    NMT with 620,000,000 shares will be losing a lot each day (just dropped $900,000 today) 0.4c is break point for them.

    With directors in at 0.4c options they wont want it dropping below that either.
 
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