Some further food for thought..?..Based on my experience investing in junior
resource stocks and market price reactions to discoveries with stocks at
say around 1c level or below..a conclusive material discovery here based
on some connection of major conductors as suggested in posts..could result
in potential share price appreciation to around say 5c plus based on shares issued.
If you take BUX share price jolt on discovery..it went to around 32c..with
around 90mill. shares on issue..RMR has around 10 times issue...
therefore say 10% of end BUX price..say 3c..which has already been
suggested by a poster based on "charts".etc..
So if indeed conductors are proven up then say 5c may not be unrealistic..
Now for the options...if such a scenario eventuates then there exists
the potential for say 50% of option holders to convert at 0.025c..
giving RMR around $3-4 mill..to dedicate to further drilling etc..
You might say dream on..and you are probably right..but there
is precedent..such is the excitement of investing at the junior level..
Cheers
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