Australia's largest stock trading and investment forum Australia's #1 stock forum

RFR

0.00%

3.7¢ rafaella resources ltd.

Ann: Rafaella Completes Oversubscribed Private Placement, page-22

First 22 Last

Share
Profile

Follow
mitis

6,739 Posts.

158

24/02/22

10:51

Post #: 59784320
Share

Originally posted by setfire2thehive: ↑

Hi there,

Only posting as tagged and to indicate that i did in fact probe on this in Post #:56215544 where they did highlight the issue with the quarry operator twice in my queries. I follow up in a later post clarifying my reasoning for exit.

"I think once the feasibility arrives it will give much greater clarity to the current optic here. it got a little confusing and i think that market somewhat starting to wane thinking the same. underground vs open pit PFS timing when? which FS are we looking at etc etc etc.

I gave this feedback to the directly a couple of times months ago about crystallising direction and strategy and re-affirming timelines for the conjunctive strategies. The project needs very little capital to get of the ground so it's highly likely to get funded, it's just taken a little longer than they'd hoped."

I also sent follow up queries after the last email response which was never responded to, which is general a red flag - both as respect/courtesy but maybe also something else at hand.

Agree there should have been greater transparency and affirming of the strategy, direction and timeline and as indicated in Sept last year was pretty much the reason for exiting.

haven't looked back at the project, but probably still some decent potential - they just need to deliver now. Otherwise a director washout could be impulse to turn it around.

As always best of luck everyone.

SF2TH

Expand

I appreciate you took the time to reply SF2TH cheers ....

RFR Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The winners & losers on market if negative gearing were gone

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

There are more pages in this discussion • 2 more messages in this thread...

First 22 Last

Add RFR (ASX) to my watchlist

Ann: Rafaella Completes Oversubscribed Private Placement, page-22

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

ACCC seeks Olam divestments before it can buy Namoi Cotton

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The winners & losers on market if negative gearing were gone

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Featured News