RAS 0.00% 1.4¢ ragusa minerals ltd

CXO to buy RAS - Tick Tock., page-2

  1. 10,189 Posts.
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    I Agree 100 percent. The clue can be found in the latest interview with Jerko.

    He specifically mentions currently they are communicating with CXO about the tenement and them providing RAS with consultation advice. CXO most likely do a take over with a share offer where investors will get CXO shares for their RAS shares and absolve the company. Jerko always leaks clues in these interviews just like the tenement that was acquired 2 months ago where he stated in his interview back in April that other than the NT tenements being a approved in coming 6 months there will be a big one being announced in time. Always gives hints of what they are up to. Question is how much will they pay? Historical drilling already shows spodumene and the outcrop pegmatites go for kilometres on the tenement with high density amblygonite so this drilling will confirm as Jerko says “massive upside” along strike and depth plus high grade

    My guess 300 million market cap being conservative but that’s thinking they take us early
    Last edited by Roch2077: 24/09/22
 
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