Hi mate, if you’re talking about “buyout” this is more than likely the time someone will pop up or be snooping around. MC so cheap, about to do a partnership fulfilment agreement etc. Even if someone came in and offered 4 times it’s still cheap going off the reports from mining plus. Getting in before an agreement is also a massive what if, if there are any companies snooping with funding already available to them they wouldn’t need said partnership / fulfilment agreements.
$300m worth of the stuff in the ground is enough already to get bigger players sniffing for an instant cash injection for a small outlay and set up from surface.
All here say and what ifs. But you never know with this ASX explorer game.
RR1 Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)