Seems like they prioritised the MRE.
Probably some build up to the MRE and the carrot there after will be drilling feeders and deeper.
The MRE makes sense to me in terms of delivering value. If they get their 100MT, open pitable with compliant metallurgy you would have to say its value must be comparable to Hermosa. (S32 purchase 2bill)
The Hermosa was 15MT measured and 85Mt indicated. They also had a PEA.
And the scale of what's left to drill is mind boggling, especially if you add in depth! (fingers crossed)
My expert TA (haha) says we are at or very near the bottom.
Macro wise higher rates surely mean greater investment in value.. Commodity stocks in general seem cheap and they are making $$$.
Fun next 5 years for RTR
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3.4¢ |
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Mkt cap ! $25.71M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 88165 | 0.034 |
2 | 767991 | 0.033 |
4 | 276165 | 0.032 |
2 | 342500 | 0.031 |
7 | 414779 | 0.030 |
Price($) | Vol. | No. |
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0.036 | 24653 | 1 |
0.038 | 146541 | 2 |
0.039 | 240000 | 1 |
0.040 | 400000 | 2 |
0.041 | 250000 | 1 |
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