RTR 0.00% 4.7¢ rumble resources limited

GammyJemm you have renewed my theory about Rumble after the $50m...

  1. 14 Posts.
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    GammyJemm you have renewed my theory about Rumble after the $50m capital raising and the announcement of a potential Tier 1 resource .
    Rumble had too many balls in the air with Braeside ,Munurra Gully ,Western Queen , then adding Wardawarra etc etc to explore these and focus on the big kill Tier 1 resource . The $50m was earmarked for the big cat .
    It seemed to me that they needed to sell of each of the prospects individually or bundle them up as a potential company maker for another player with capital .
    Maybe the directors are thinking the same . Free us up to spend 100% effort on the big boy .
    Options are cash and share deal with another entity or hive of another company with shareholder allocation .
    Whatever something needs to happen as you go around in ever decreasing circles chasing too many targets and finally disappear in one black hole or another .
    First Rumble needs a seriously positive report that leads to a potential JORC
 
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