I also own RED shares, and looking at their "start-up/restart" project, it seems that back in Sep '21 when they released their Feasibility Study" the shares spiralled for 6 months losing 50% of their value before getting support around 15c after announcing they were fully funded, and have continued with solid growth as they pour first gold and get closer to full production (aside from the recent impact all have felt from the drop in Gold prices). What are others' thought on RXL following the same trajectory? Can't see why they won't. It's all well and good to have a plan, but how/if it's funded seems to have one of the larger effects on SP/dilution. I'm currently thinking sell to shift funds to others that are lower risk and about to bounce out of this gold price downtrend, and come back later, but have a bit of FOMO. What are others' thoughts?
RXL Price at posting:
25.5¢ Sentiment: Sell Disclosure: Held
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