I would say we are in the sweet spot. Companies normally go quiet when they have bad news or nothing on the horizon and come out all guns blazing so to speak with they need money ie a CR coming.
JB doing conferences, saying he is happy to chat and meet up with holders and or anyone with questions etc shows that he is very happy with what we have and where RR1 is at. He hasn't gone quiet and doesn't need the funds as he states so we must be IMO onto something worth a chunk.
RR1 has $4m in the bank as highlight by JBs presentation and enough money to see through all the upcoming drilling phases for Morrissey Hill and into Camel Hill and Wabli Creek drilling in the first part of 2024.
If the results all come back good, we should be hitting around $0.03c IMO $95m MC or there abouts based on SOI Currently at 3,191,963,779.
We have 1,284,002,075 RR1O remaining and expiring 20 May 2024 at $0.01 so an additional $12,840,020 hopefully getting added into the RR1 bank account ready for further exploration, acquisitions and planning stages.
Fun times ahead I reckon.
RR1 Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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