The fundamental problem is that when T&T comes in as a serious expense that has no underpinning for the share price, then 10p will be a dream and 1p will be more realistic as the www.delisted.com.au vortex drags Range in.
No news is bad news and as Range said in a recent release, the board is deeply concerned about the share price and that news needs to be release quickly to be in line with shareholder expectations.
If Range had some positive news it would have been released yesterday.
Think about the pausing of releases last few months: 1. Georgia Duster 1, lost part of drill down hole losing ~2 weeks, and then the assay results have been pending since. 2. T&T - CPR has been waiting some government "red tape" for months nearly now - exactly, why have others walked away from investing in T&T and why did the original owners not have a crack themselves if it was a 10 bagger - I wonder?
What about Pirate Pete's other company in a trading halt right now with a joint venture pending - is there a pattern forming here?
The Pirate Ship can run on the high seas but it cannot hide - the truth will come and hit hard IMO.
RRS Price at posting:
14.5¢ Sentiment: ST Sell Disclosure: Not Held
