I concur one of the best land acquisition I've seen in OZ recent times. Along strike from a DEG's monster Hemi project and on same barely explored geological structure which controls Hemi (the Berghaus Sheer). And what looks like a large Geophys anomaly to drill to boot.
Interestingly neighbor DEG has a Mcap now of $1.7 billion (yes that billion) whilst RGN MCap is tiny a $23m. I would expect you would be hard pressed to find another Co with ground this close and on structure/strike to Hemi's 2.2 Moz Au Mega deposit with a MCap as low as $23m.
Both Ni and Au are hot commodities right now and so yes market liked it ...but due to market close time constraints only a few players got set in the 15 mins available. Most semi serious players will see it tonight and I expect there is a strong likelihood of some keen interest tomorrow and the next few days
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