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1.4¢ resources & energy group limited

Ann: Placement of $1.488m to Progress East Menzies Gold Project, page-11

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mackum8

2,148 Posts.

186

30/04/24

19:09

Post #: 73592282
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Originally posted by Mick 123: ↑

Our views if we hold a stock are our views and opinions based on our own experiences and we should be able to express them whether positive or negative. I encourage anyone interested to print up the gold price since 2016 until today and then overlay the REZ chart from the same dates.
You will see while the price of gold has gone from $1100 - $2400 Rez has gone for the same period 15cents - 1.4 cents.
There are a lot of comments that this is a cheap Goldie. I think the question should be asked why if the resource is so
great and the gold price is so high that the share price so low. I believe management should be trying to deliver the best shareholder value that they can for short and long term holders and not just for sophisticated investors who
get shares at a discounted price. I want the price to go up like anyone else. Nothing wrong with differing opinions.
I hope management can turn things around for all involved.
This cap raise is hopefully the start. GLTAH

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the cap on the stock price has been cash on hand, this has been resolved, “production” of gold can commence and I’m sure the money will start to roll in soon enough. First VAT leach expected to bring in almost 3 million, MC at 6.5, this is a cheap goldie!

REZ Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
12 Upvote

2 Great analysis

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(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $8.733M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$1.036K	74K

Buyers (Bids)

No.	Vol.	Price($)
2	509328	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	863154	3

View Market Depth

No.	Vol.	Price($)
2	571828	0.014
3	571317	0.013
4	1050114	0.012
2	548000	0.011
4	2200099	0.010

Price($)	Vol.	No.
0.015	863154	3
0.016	1074800	2
0.017	1410000	3
0.018	521737	3
0.020	400000	1

Last trade - 11.23am 14/06/2024 (20 minute delay)

REZ (ASX) Chart