RFR 0.00% 3.7¢ rafaella resources ltd.

Ann: McCleery Delivers Significant Cu-Au-Ag Targets, page-16

  1. 2,190 Posts.
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    nice vid - horrible audio though
    That was from back in April. Everything the director mentioned has happened. Nothing new in there

    Just waiting for funding now.

    current price is crazy - cant believe were back at the previous raise price.
    7m MC and we need between 7-10mil capex & opex through to 2022

    We have roughly 12m (ish) net assets currently. RFR should be at least 20-25m Market Cap right now.
    Options strike is 30c (30c = 32m MC )

    It shouldnt be that hard to sort funding out while avoiding massive company dilution
    -raising equity (will need an EGM for SH approval)
    -leverage strategic partnership (Ie: Transamine)
    -convert options (current SP too low)
    -debt (loan, line of credit etc)



 
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