No doubt it was disappointing.
Frankly, more delays and if I were reading the tea leaves correctly, some acceptance that their approach to date has not been productive.
The diamond drill rig is delayed. What impact that has on the forward timetable is unclear.
I feel they just went out and acquired without reasonable strategy. We will see if it turns out we bought poorly.
Previously, too much talk for me and too many promises that eventually turned out to be broken promises.
However, I thought Gino answered all of the questions well.
To his credit, he did not duck any of my questions and provided reasonable responses.
I do think they believe they have something but need to nail the 'where' - pretty critical in the scheme of things.
The area to do that appears much bigger than before, so again that might mean more time is required.
More acquisitions likely. I was hoping to read some drill result anns, not more anns about acquisitions but here we are.
I probably give Gino more credit than I did after the AGM fiasco and what I felt was some over exuberant PR and some light on details disclosures from the company.
So delays and some waste - but otherwise the fundamentals still intact.
Hopefully, the in country manager can straighten some of it out in short order.
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No doubt it was disappointing.Frankly, more delays and if I were...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.425M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $240 | 40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 5589534 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 509650 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 5589534 | 0.005 |
3 | 3000000 | 0.004 |
3 | 3866670 | 0.003 |
3 | 2300001 | 0.002 |
2 | 1015000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 509650 | 3 |
0.007 | 1595482 | 9 |
0.008 | 6694657 | 7 |
0.009 | 2812500 | 2 |
0.010 | 2740742 | 7 |
Last trade - 10.01am 18/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
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