I don't intend to go back and forth. I wouldn't have invested a considerable amount without doing relevant due diligence, so I'm very aware of the opportunity here. I also don't invest, just based on who the JV partners are. Companies like OZL have a large number of JVs in place, which they do to secure potential opportunities and stop other majors. Yes, the projects are highly perspective and any one of them could be company makers.
I'm just stating that I don't necessarily agree with this type of investment, for an exploration company, like RML, where they are at now. It may prove to be good in a few years' time, but it does seem to distract from what they could be doing. I would rather they pumped that money into 64N.
You have made no logical argument and nothing I'm saying I would classify as 'utter rubbish'. All you state is that RML has 'huge potential' and 'this is going to 50c'. Two months ago, you didn't know how options worked and you're calling me out.
I hope you are right, and this does go to 50c as I will make over $40m.
RML Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)