The listing of RCR should now happen on 18th of December (ASX swamped so can't make listing happen on 11th as originally planned)
Just like others already reported I also got 20% of what I asked for. So the whole deal was massively oversubscribed.
The reason it was so oversubscribed might be due the realization with investors that RCR could be sitting on something big...
Look at what Newcrest just reported today...
201210_Initial Inferred Mineral Resource estimate for Havieron (newcrest.com)
RCR owns part of the Telfer (not Havieron) but it VERY close by...might be part of a larger gold/copper system
Anyways, we invest in junior miners to dream right?
IPO - Rincon Resources Limited - 10 December 2020 #, page-39
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