DTers Weekend Aftermarket Lounge End of April, page-56

  1. 614 Posts.
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    Definitely a low risked diversified stock that appears to be substantially undervalued.

    Cash holdings are actually 1.6 million in the bank and 1.38 million in subsidiary company (CRL). So nearly 3 million cash all up with a MCap as low as 8 mill.

    One coking coal project with a NVP of 400+ million.
    Another with one of the worlds highest grade new tin projects. Also currently drilling with potential to triple resource
    Plus another project with potential mirror similarities to a 10+ million oz gold mine.

    All current projects also fully funded with plenty of local support from local communities.

    All this for an EV of 5 million.
    Just a matter of time until market wakes up and reacts unveiling the true value of this stock.

    Don't see why a company like RCF would become a major shareholder with most shares being purchased at a premium to current price, without seeing future potential.

    Best is still yet to come in my opinion
 
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