ROS 0.00% 35.0¢ red october resources limited

for what it’s worth, page-8

  1. 1,091 Posts.
    Diamond Joe they still have the potential to raise capital (one of the benefits of being a listed co).

    Even if the Copper and silver projet fell through (yes the SP would be hammered) they could still find another project or exploration target, put a positive spin on it and do a CR to raise money off new investors and/or current holders who still believe in the company.

    The last update was over 2 months ago and even that was just a "site visit".

    I was hoping (for those that hold) that the company would come out and say we missed the deadline with the copper project, but we have negotiated an extension.

    However, every day that passes makes that more unlikely. Especially seeing as the current holder obviously wants to sell and would prob be looking for other potential buyers by now.
 
watchlist Created with Sketch. Add ROS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.