I think it's just a function of several years of serious mismanagement. It's been in consistent decline since Jan 2022.
RH lost our mining permit in Jan 2022, and the market is giving up on him now.
I doubt anyone will buy this now, without a change in govt policy. Borschoff had the opportunity to buy it, and he walked away and bought Vimy instead. The difference? Vimy had just achieved substantial commencement, we failed to do so. Why? Coz RH didn't want to. Insanity.
TOE Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
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