re: any other info - capital raising?
no capital raising unless they strike it rich at one of the 3 prospects they are drilling in the next few months. As they 100% of each of the prospects, they could farm out to someone else or raise capital.
given that they have kept the share issue under 100m, I figure a share issue may be on the cards in time. at the moment, the $4m in cash is sufficient for the drilling program.
along with the pre-worked gold leases, there is also some platinum potential.
lots of blue sky potential in this one. read the red stuff.
SPROCKET.........
RNG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
