Australia's largest stock trading and investment forum Australia's #1 stock forum

RAS

Click for more information

0.00%

1.7¢ ragusa minerals ltd

the old mine produced + 1m ounces at 20 g/t. its a standout for...

First 24 Last

Share
Profile

Follow
gizard

22,507 Posts.

816

16/06/21

21:48

Post #: 53885180
Share

Originally posted by ColdPlayerAsx: ↑

I wouldn't worry about the share price as it will easily go back in the 8c range as it was doing for weeks and will increase very easy 10c+ with a quality new project.

Obviously some were not happy with the results and I admit it did not evoke a lot of confidence for the current project in my opinion.

The more worrying thing in my opinion is the Company listed this project as their IPO and unless I'm mistaken have only given indications of a new project very recently - I'm sure many holders who fronted up money for the IPO are most likely not happy as there seems to be a bit of uncertainty around the Company moving forward.

It seems just as they have started exploration they have decided to forego the project and look for another one.

Still holding a parcel for acquisition and will reassess Ras Al Ghool thereupon

Expand

the old mine produced + 1m ounces at 20 g/t.

its a standout for modern exploration, covid and zimbabwe being a 3rd world country are the problems atm

not being able to fly and get drill rigs across the borders has been an issue

Bgl /aut both started like this, resource wise

There's 80k ounces in tailings just sitting there.

the current project is a goer, the current climate is the issue

RAS Price at posting: 7.3¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Good habits matters when it comes to finances

PR1

Fourfold skarn increase points the way to viable garnet project, says Pure

Earnings wrap Monday Week 34: A2 Milk, Bluescope, Suncorp's climate woes & more

SMI

Gold intercept of 8.6 g/t continues the positive storyline for Santana at NZ's RAS deposit

NOX

Noxopharm aims for autoimmune market with first human trial of SOF-SKN

There are more pages in this discussion • 13 more messages in this thread...

First 24 Last

Add RAS (ASX) to my watchlist

(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $2.424M

Open	High	Low	Value	Volume
1.6¢	1.7¢	1.6¢	$4.67K	289.9K

Buyers (Bids)

No.	Vol.	Price($)
1	230850	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	148178	2

View Market Depth

No.	Vol.	Price($)
1	230850	0.016
2	240000	0.015
3	320000	0.014
1	272775	0.013
2	200001	0.012

Price($)	Vol.	No.
0.017	148178	2
0.025	227780	2
0.051	193000	2
0.055	100000	1
0.067	100000	1

Last trade - 12.36pm 19/08/2024 (20 minute delay)

RAS (ASX) Chart