Thats all well & good..However the only thing missing is the reflection in the share price....as the market is never wrong.
As you said not bad for a "Penny dreadful", & at this stage that is exactly what it is. There are no runs on the board as we speak (sorry 5.9 runs).
The price speaks volumes of the markets perception of managements capacity to deliver, & the market is still waiting.
There is money to be made if you can just get in sync with how management think. I thought I could & get it right from time to time - but also get it wrong.
If this was going to blow sky high the insiders would be soaking the shares & oppies as they come on market. RRSO currently 2.3 & low volumes (sell off in Dec on high vol & falling oppie price.)
Can't see it happening in the charts (just yet), they still have this year to surprise -
Jaded with the price & sceptical of the management. Will redeem themselves when first hole in Puntland is drilled.
Until then trade them as you see fit.
RRS Price at posting:
5.4¢ Sentiment: Hold Disclosure: Held