RFR 0.00% 3.7¢ rafaella resources ltd.

nice vid - horrible audio thoughThat was from back in April....

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,194 Posts.
    lightbulb Created with Sketch. 331
    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)



 
watchlist Created with Sketch. Add RFR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.