It better have that MC after PFS, cause the cashflow from SC project will be between $10-15m imo.
My suspicions is it will fall under the curse of ASX listed but no Aussie projects, I have so many good coys with top FA, go under the radar and remain under valued for a long time.
But this is one of the most undervalued coy I have seen in along time, I love accumulating at these levels tbh, risk reward is well worth it here IMO.
Its the Midrim prospects that will put RFR on the radar, and when peeps realise the solid project already existing in SC and its future cashflow to power the exploration in both Can projects, I hope that's when we get seriously rerated and start bagging.
I am hoping they CR a bit extra to cover some starting work on Midrim and scope up some drill ready targets for start of next season.
There is also some Geo work due on McCleery from my last update.
You don't need to be the brightest to know that $7m MC near term Tungsten/Tin producer is way under valued, before considering the highly evidenced fertility of Midrim/LaForce and exisitng geo results from McCleery.
Probably the most important aspect of Midrim is the identification of 10 new targets
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