RCH richfield group limited

chart says down, page-3

  1. 1,057 Posts.
    Geezer,

    I'm not going to rubbish you. I'm none the wiser than anyone else on where the share price should be etc.

    My experise is the on the project itself and the Moly market.

    I know the value of this project is about $1.20 per share (I've supplied the supporting calculations to support this in the past) but that doesn't mean its going to trade at that price.

    As it stands now at brown field stage the valuation is
    10-20 cents but again it means little to the market.

    The value is there which is what you want but it isn't the driver of share price we would like to see.

    It needs the fuse it hasn't yet had to ignite it.

    I'm hoping the gang running the company deliver that trigger soon.
 
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Currently unlisted public company.

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