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Sehnsucht888

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07/08/20

07:08

Post #: 46364652
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Originally posted by Prestonian: ↑

Thanks Agent-86. This is interesting. I know the company has indicated that they were going to announce the assay results together, around end of August, but there is certainly nothing stopping them from announcing something earlier, particularly if any info received earlier is deemed price sensitive. Further, there is nothing stopping them from releasing an interpretation / elaboration on what they have seen so far. One thing that was mentioned in an interview was that the market became a bit over-excited from the first visual that was released (which was very similar visually to the NST drill cores) and the gold grades were not there in the end, hence the proposed wait this time for assays.

Anyway today we find out the degree of any SPP scale-back! If they stick with the original plan of $1m, a blanket scale back would mean all applications would receive 44% of their offer. I wonder whether, had the SPP not closed early, the applications would have been much higher. I was personally going to wait until the last minute before submitting mine but decided to get in early. I'm hoping for full allocation and $2.3m raised.

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How do you figure that? I haven't been able to see how many different holders there are, but even if only 100 applied for the full $30K, and they went for the orignal plan, those holders would onlly get 33% of what they applied for..

Not everyone will apply for 30K worth, but I am expecting quite a scale back....

Would be happy to proved wrong, but I'm not hopeful...

RML Price at posting: 7.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.2¢		Change -0.003(6.67%)		Mkt cap ! $22.60M

Open	High	Low	Value	Volume
4.4¢	4.8¢	4.0¢	$634.7K	14.56M

Buyers (Bids)

No.	Vol.	Price($)
6	417582	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	72076	1

View Market Depth

No.	Vol.	Price($)
6	417582	0.041
8	920998	0.040
4	275000	0.039
4	279000	0.038
6	482702	0.037

Price($)	Vol.	No.
0.042	72076	1
0.043	903364	7
0.044	680776	3
0.045	990773	6
0.046	1946038	9

Last trade - 13.40pm 20/06/2025 (20 minute delay)

RML (ASX) Chart

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