RCR rincon resources limited

6.67%

1.6¢

Shorters min the Know?, page-9

First 9 Last

Share
Profile

Follow
No_8

1,739 Posts.

661

17/11/18

09:35

Post #: 36541579
Share

Originally posted by TheGreatDane ↑

Originally posted by No_8
TGD, you seem to be close to the action?

Please make sure Korda Mentha have nothing to do with any VA or restructure project involving RCR. The only beneficiary with be KM with shareholders funding their activities.

Any option will be better than the KM solution.
I have been too close to what is happening and after 20+ years in the major construction industries in Australia
I know what is happening onsite and am amazed how there is nil accountability for cost over runs or how their is a culture of I must look after my partner (even if he/she is so far out of the knowledge depth) is not pulled up by management !!
These guys are quoting on jobs without specifications,Inspection test procedures,Inspection test results and are retrofitting everything to suit what the Power Authorities require to connect to their assest
Solar is lovely but it does not solve still having base load (usually coal of gas fired power stations) still running 24/7 to take up cloud movement at a solar farm and the harmonics they produce or the varying load that happens!!
If in one office atmosphere you have six or seven couples looking after each other and not the companies interests you are going to fail everytime !!
RCR will fail as the directors don't get a clear picture of what is happening until it has turned into a disaster and then they have to make up solutions for what they don't even understand, are not sure of how it got that way and even how they can correct it !!

Expand

Sounds to me you are describing a total breakdown of basic management principles? If this is modus operandi for RCR they deserve to fail.
The people I feel sorry for are the long suffering shareholders.
If sound internal controls and reporting systems are in place as we were advised recently by the directors then should not be long before we know the worst.

RCR Price at posting: 87.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

ASE

Astute delivers high-grade lithium hits at Red Mountain

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

First 9 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.6¢		Change 0.001(6.67%)		Mkt cap ! $4.680M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.6¢	$534	33.4K

Buyers (Bids)

No.	Vol.	Price($)
3	150030	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	58480	2

View Market Depth

No.	Vol.	Price($)
3	150030	0.015
1	1071214	0.014
4	2461338	0.013
4	1770545	0.011
2	700000	0.010

Price($)	Vol.	No.
0.017	58480	2
0.018	836666	3
0.019	800000	1
0.020	270000	1
0.022	2500000	1

Last trade - 11.36am 25/07/2025 (20 minute delay)

RCR (ASX) Chart

Shorters min the Know?, page-9

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Astute delivers high-grade lithium hits at Red Mountain

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Shorters min the Know?, page-9

Top Stories

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Astute delivers high-grade lithium hits at Red Mountain

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News