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1.5¢ ragusa minerals ltd

Ann: NT Lithium Project Update, page-469

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Jasongray

1,775 Posts.

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03/10/22

15:57

Post #: 64002237
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Originally posted by Simonn: ↑

100M in lets say 3-5 months as you said will put us at SP of 80+... Who here would not be happy with that?? Lets give it even 6 months. Money in the bank pays 6% annually so 100% in 4-5 months from where we are is still a brilliant return... And dont forget you estimation is humbling nevertheless if we would allow and be optimistic on this to run with fomo, we could have major upside peak or a level above if we hit high grades as expectant then 200-300M within months...

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No. It will not be 2-300m in months Simon.
Ill rrepeat myself.

Lrs
33m in bank
3 months away from maiden jorc, looking at 20-30mt
Average ggrade is looking to be 1.5-1.6% which is very close to exceptional.

Look to be skipping PFS stage.. Cutting out 1-1.5 years of a 6-7 year process to production.

Marketcap currently 180m.

So readjust your expectations man.

RAS Price at posting: 31.0¢ Sentiment: Sell Disclosure: Not Held
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1 Great analysis

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(20min delay)
Last 1.5¢		Change 0.000(0.00%)		Mkt cap ! $2.138M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.5¢	$900	60K

Buyers (Bids)

No.	Vol.	Price($)
6	567386	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	813960	4

View Market Depth

No.	Vol.	Price($)
6	567386	0.014
4	474962	0.013
4	1090002	0.011
1	272775	0.010
1	100000	0.009

Price($)	Vol.	No.
0.016	813960	4
0.025	227780	2
0.030	39046	1
0.040	5578	1
0.050	200000	1

Last trade - 16.10pm 12/11/2024 (20 minute delay)

RAS (ASX) Chart

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