RFR 0.00% 3.7¢ rafaella resources ltd.

Also look to the 2 recent reports on the DD from the...

  1. 1,585 Posts.
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    Also look to the 2 recent reports on the DD from the consultants. My understanding is while those results look awesome and would pop the SP if released a new today the facts are it is a small mineralised area and no focus went outside this small bit of drilling.
    If you dig deep enough online searches from MEI you can see the mineralised strike.
    However the consultants have pointed this out as well as the fact that many EM elsewhere on tenement were not followed up and the area looks highly fertile and the PGE would offer a huge benefit to a project size orebody and at depth is where they believe the feeder zone of this mineralisation is hiding.
    And as mentioned and happens too often either commodity pricing or a Flagship project focus puts these projects on the back-burner and they get sold off to capture funding for elsewhere in the companies portfolio.

    RFR has it flagship project in Santa comba once that is producing cashflow, we can start to see a more thorough exploration of these prospects along with the existing McCleary.

    RFR offers a cheap capex to have a critical metals (Tungsten) producing plant in Spain with offtake partner (as a cornerstone and board member) ready to take 100%, with great upside exploration and growth of that resource, plus modular upgrade ability to processing to essentially double capacity. Along with highly prospective projects in the pipeline. At the current valuation upside on being a producer is very big and even bigger once exploring on these Canadian prospects gets good funding
    All IMO, DYOR


 
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Currently unlisted public company.

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