They have control over mongoose , every $200k they spend on drilling they acquire another 1%. If they are onto something , as it looks they could be , then following a CR they will be pushing close to or above a majority stake of 51% + …I reached out to the MD about the Glencore claw back clause following initial results and his response was along the lines of if they come back to exercise that clause it will be the discovery of the year and be worth a very large number.
RNX Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
