RAG 5.26% 2.0¢ ragnar metals limited

Ann: Trading Halt, page-43

  1. 950 Posts.
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    Top 20 will make this $AUT 2.0 in time imo

    Of course a CR has to be done in time and is normal and won't be done lower than .007 the 15 day average with discount but actually don't see a CR taking place as if you do your research you will find further info....

    Trading Halt stated today "Status of proposed transaction"

    I think RAG will sell their Gadeebo Nickel project as stated in their annual report to 2617818 Ontario Inc. and use funds to acquire a new project, then a CR is not necessary.

    EUC entered and exclusive option agreements with 2617818 Ontario Inc to sell their Swedish projects with a a total expenditure commitment of $2.5 million over a 4 year period while a total cash consideration is $6.79 million.

    With this top 20 I am holding this long term for maximum gains.

    It's setting everything up for a larger acquisition with solid cash reserves from I believe the sale of this nickel project.
    https://hotcopper.com.au/data/attachments/2355/2355269-3477c6be3adf4e3b9c606f3e0c85c53c.jpg
    https://hotcopper.com.au/data/attachments/2355/2355272-ff249ae80ad76de77ea8df68742031ab.jpg
 
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