RRR revolver resources holdings ltd

Hey there mateI've had my eye on them since May but joined a...

  1. 2,874 Posts.
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    Hey there mate

    I've had my eye on them since May but joined a while after at a good price. Not so good a price now, in hindsight, but not too bad.

    I've little to say really - as the market proved, it's all about getting results. They've a high grade but small asset that if they find significant parallels or feeders then all is worth celebrating.

    Osprey is the potential golden / stuffed goose - moving to more in-depth on ground work this quarter means no real opportunity for a significant announcement... it's all about getting a drill bit in. Therefore I reckon we're probably in a holding pattern until that eventuates and we reflect the fair value of those results, up or down.

    There's a notable risk on RRR that with $20m odd valuation the market lets it slip further, unlike some other explorers out there with $5m market cap or so. However, that's because Diana could end up progressing into some sort of revenue at some point, and that's what the team was hopeful for when I spoke to them in May.

    Haven't really had my ear to the ground on this one though

    IMO a fair entry price
 
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(20min delay)
Last
6.1¢
Change
0.001(1.67%)
Mkt cap ! $16.85M
Open High Low Value Volume
6.1¢ 6.2¢ 6.0¢ $15.93K 261.3K

Buyers (Bids)

No. Vol. Price($)
3 43958 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 26616 2
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
RRR (ASX) Chart
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