RCR rincon resources limited
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Last CR was at a shocking 2.5c and if they pull the trigger now...

  1. Tcb007
    22,038 Posts.
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    07/05/24
    19:47
    Post #: 73711614
    Last CR was at a shocking 2.5c and if they pull the trigger now they can probably raise another $2.5m @ say around 7.5c. That would be a very good outcome considering DD1 and DD2 have been drilled and havent hit paydirt. You dont want to wait for DD1 assays then raise because there's a chance of this sliding back down to 4c but given Nb drilling is probably in 4-6 weeks time anything could happen.
    What I'm confident in, is that there will be a bigger frenzy once drilling is confirmed for Nb.
    RCR Price at posting: 8.9¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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