This company has a massive 6 months ahead one would think. It may have huge potential. Just look at one of the major holders of ROB being Celtic Capital. It has 45+ million shares. (Check out the link below - announcement on 9/8/11)
Most things it has backed have worked very well in Mongolia. Had plenty of HUN and VOR too which were very successful.
This project is still in its beginnings. HUN took about 12 months to get their best project and check them out now.
As for capital raising, this is normal for junior resource stocks. All part of the game. Celtic Cap won’t want to dilute too much so it would want to raise at higher levels you would think.
Mongolia is the hottest destination atm, with good backing and their foot in the door. Not too fussed about trading suspensions or cap raisings. This story is good enough to rise above all that. Think longer term with this, not short term.
Remember to DYOR
ROB Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Not Held
