Yes price action over last 6 months is good on average - but it...

Yes price action over last 6 months is good on average - but it could have been better if the promotion and CR was done better - I refer you to ICG's raise by Rights with Options to shareholders - it was well promoted and raised well in excess of full entitlement which was a 2 for 3, in other words two thirds of M. Cap. And that raise was done in the knowledge that drilling in Peru was likely to be delayed by permit concerns in covid times.

Rights can be done, a bit more time and work involved and friendly soffs have to be told to get on board first and play for shortfall.

Personally my belief in REE has suffered a bit - the CR has the sniff of 'lets take care of ourselves' in case MWN is granite, and we have an average run at Cummins.

But I am still here till the Fat Lady sings, but if she then goes and sits on the boss, well I wont be moving her on - just give her another G&T.

Nice move up today - enjoy, and keep a balanced view. IMO, take care you DYOR