RCR 0.00% 2.4¢ rincon resources limited

when s/p was at 2.4c back in late March or early April, EV was...

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    https://hotcopper.com.au/data/attachments/6347/6347473-0e7ccdc63a1abfbffd5879534e4c2d05.jpg

    when s/p was at 2.4c back in late March or early April, EV was around $2.68m
    if end of June cash on hand is around $5.5m this will give us s/p of 2.8c or M/C of $8.15m
    at current s/p 5.1c, M/C is $14.84m and EV around $9.34m
    from the chart above the s/p is holding above previous resistance
    either it will be in 5-7.5c range or if drop below 5c, then there's good chance to see 3c, and that could be the bottom, imo.
 
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