RMXO are currently in the money.
But if SP stagnates or regresses with lack of communication then there will be an issue. Im surprised with the extended silence since drilling commenced.
Unless JD is doing a big up yours to his previous employer for wanting to seperate the gold and nickel projects many moons ago and is waiting for their holdings to be miniscule (Conspiracy. .. lol).
Anyway... RMXO expire june 14. Anything can happen in an hour, a day or a week.... let alone a few months. Actually on the asx a minute can change value significantly.... one announcment... one find... one result that reaffirms gold found at surface.
The alternate is no news. RMXO will be worth nothing and the company will lose on potential cash. But if it aint in the ground... there's nothing to claim!
They just need to hit it in the drilling and get true value from the oversubscribed SPP. If they actually hit it big time with the drilling everyone will be stoked they sured up funds... I say - make swiss cheese out of the ground and get those drills deep with close holes. Dont shoot off target JD... you can do it big guy. Drill. Drill and drill some more.
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RMXO are currently in the money.But if SP stagnates or regresses...
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