Hi @Jo-Nathan, hoping you're well..Even based on the figures...

Hi @Jo-Nathan, hoping you're well..

Even based on the figures that RR1 have used - $3500 that is still $234.5m and that is what they know to have, and on or near surface.

So even if giving half of that away for someone to come in and do the hard work that is still $117.25m and that is only for what has been reported and not what else may be found as they drill and explore Payne Finds further. But if I was RR1, I wouldn't be giving away half of it as the cost to make profit isn't that a burden for a partner to come in.

Then add in their (RR1) other tenements to the north around DRE, WYLOO and FMG. Mostly un-explored.

Then also making sure (adding) that DLI are doing their part on MH and CH which they have to spend their money on for us to get paid a 20% royalty on, as from memory they take 80% for all the hard work and expenditure they are or will incur.

Then we have Wabli Creek - not sure where RR1 go with that one but it is still there.

So on a whole IMO - RR1 is a very undervalued stock, now with consolidation done Reach are moving along quietly and somewhat under the radar and with a tightly held shareholder base now and less liquidity. Also as @bruham has mentioned, the Murchison region is starting to take off - previously and within the last 5 years like the Gascoyne region did. Once our partnership agreement / mining agreement for Paynes Find gets announced I feel this will run as others have also mentioned.

One key difference for holders is that RR1 now have an indicated project versus prior not having that security behind your holdings.

Well, I hope you have a great Wednesday and the rest of the week earns you some money.

ALL IMO.