Look Gold and Silver has gone through the roof and many other small gold producers and even explorers that actually have plenty or sufficent CASH to launch drilling give hope. But what is on the horizon here for RIE?
-Another cap raise at further discounting?
- Cultural Surveys? Biological surveys? Flowsheet Dev.? Geotechnical logging and evaluation??
I say big cheese. Lots of companies go bust or don't take off despite ore in the ground, many don't make it to production.
Half Year accounts in 15th March reportwere
Cash and cash equivalents at the end of the period 730,822
So how long will that last what can they do apart from cultural and biological surveys with $700K?
The chart and inaction says it all for me, i'm out. GLTA . I'd suspect a raising very soon
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