I just provided the Bell Potter presentation and gave my opinion that I thought we were undervalued in that post.
Reality is we were 53c before the Dynasty JORC Resource announcement in 2023 and we had no JV deal with Gina for Linderos and low in cash.
Reality is, small caps have been slaughtered even more recently probably due to Trump causing a little instability.
This is my biggest investment and I can't think of anything that the company has done to contribute to the recent slump.
I am comfortable with my money here because Peter Cook knows what he's doing and we have the assets. The gold is in the ground at Dynasty and close to surface.
We are funded for Linderos and we have a strong financial position compared to many small caps that will be trying to raise cash at rock bottom prices.
I'm not happy with my portfolio being battered either and it's difficult to predict where the bottom will be.
I did see another large $270k purchase today so there is definite interest in this company.
I still believe Trump will only add to inflation and gold will go higher. Only time will tell what will actually happen though.
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Ann: Investor Presentation, page-11
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Last
38.5¢ |
Change
-0.015(3.75%) |
Mkt cap ! $104.2M |
Open | High | Low | Value | Volume |
39.0¢ | 40.0¢ | 38.5¢ | $21.61K | 55.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6040 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6040 | 0.380 |
1 | 2700 | 0.375 |
4 | 17100 | 0.370 |
1 | 254 | 0.365 |
1 | 5000 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 100000 | 1 |
0.395 | 50247 | 2 |
0.400 | 172727 | 6 |
0.405 | 11349 | 2 |
0.410 | 17400 | 2 |
Last trade - 12.37pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
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