As we are in trucking distance of processing and the resource is shallow and easy to open pit then what value would Mr Market place on that?
A fairly hefty multiple to the current $11mn mkt cap I would guess.
Then factor in that success with the gold will self fund all the other projects through to mining and one should at least add some more for those.
I gonna stick my neck out and say a decent high grade result tomorrow should make 5c-6c easily doable and 10c+ an outlier if we come out with something special.
I was a holder of RMS back in the day when they came out with some mega Au assays and that went to $2+ in short order although of course RMS had much less shares in issue than RR1.
Still the market loves high grade Au announcements.
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)