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Ann: Response to ASX Query Letter, page-2

  1. Cumberland16
    1,879 Posts.
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    29/01/24
    15:32
    Post #: 72113858
    WOW! So I hope they kept all their receipts from all this work they say they have been doing then
    Cant wait to see the Annual report. No mention of the stolen ore at Sundance mine.
    Looks like the ASX is onto them. My opinion but as a shareholder I don't think I am seeing $327,000.00 worth of value from Rinegold. Also read the last paragraph! Am I wrong? This $327,000.00 annual fee is being added to the debt! COMPOUNDING INTEREST! Very clever indeed. So the longer this charade goes on the poorer the shareholders are? Someone please confirm if I am reading this right or not! What other quotes have they had apart from the $327,000 from Reingold?
    How many Q's can they exist without a massive amount of dilution?

    KOR Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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