RFR 0.00% 3.7¢ rafaella resources ltd.

https://rafaellaresources.com.au/wp-content/uploads/2020/12/Rafae...

  1. 3,908 Posts.
    lightbulb Created with Sketch. 12443
    https://rafaellaresources.com.au/wp...afaellaResourcesInitiatingReport-2Dec2020.pdf

    worth noting in here pitt street research placed a 20c-36c target. Which is 100-300% ROI which was only based on the PFS. Whilst I don't take too much from these personally, they are still good sources of info.

    This was also only based on the PFS figures BTW and loosely align with my valuation. However DFS and resource extension will potential double this IMHO.

    Noting that PFS was only for 6mT but exploration target is 16.2 Mt to 48.6. So realistically with further drilling the mine life can extend quite extensively IMHO.

    SF2TH
 
watchlist Created with Sketch. Add RFR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.