I'm all for optimism but needs to be grounded in some level of substance, even speculative substance but to say 10c is on the way to have over a $300m market cap is just as naive as some of the trolls and so-called experts that come along. Delta Lithium has a $436m market cap because of their Mt.Ida project mostly with a small portion for Malinda (waiting on further drill results) and a little speculation for Jamesons (still to get approvals and then be drilled), and their Yinetharra tenements are far larger than what RR1 has next door.
The REE and niobium certainly adds value and if they come up with good results could add significantly ontop of the lithium results, but need results to be quality for the lithium and the REEs to get up to that 10c/$300m market cap level and needs the Lithium price & REE prices to also go back to those highs or close to.
Not do-able before results, but post quality results it certainly is.
Reach for one step at a time otherwise you might trip.
RR1 Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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