I think there are many fundamentals in favor of ROB right now that you left off....
ROB is unique as all companies have their strengths and weaknesses. I would not have gone to say nothing is proven yet either. If we assume the worse from the ASX perspective there would be no need to invest in ROB would there?
Personally I am totally confident it will meet its ASX obligations, right now looking at its multi-month uptrend I believe the market is very happy to invest in explorers, especially low cap ones that are moving into Mongolia.
Why is the market over these last months obviously backing ROB?
The Market likes its management, its upcoming news, its direction, its asset, its kingmakers, its restructuring and its major holders, its low debt, cash, history, low expenses, China's demand and Mongolia.
Our wallets should follow our fundamentals, obviously ROB is a speculation but one made soundly.
Do we think ROB is going to retouch its new high of 3.4? YES! IMHO!
Allot of interest is buzzing about ROB in the market because it is undervalued and oversold...
PS - All my opinions could be wrong! DYOR!
Kind Regards
ROB Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
