I can't see this retracing back below 4.5 cents.
I have been going through RENOUNCEABLE RIGHTS ISSUE PROSPECTUS which was issued in May.
The below snip, gives a great indiaction that we should be hearing more great news very soon regarding an additional Royal Falcon major project. The last paragraph give me goose bumps__./
The alliance partners have incorporated a purpose specific company, Royal Falcon
Mining LLC ("Royal Falcon") (Golden Rim 35% and PAL Technology Services LLC
65% equity interest respectively) in Abu Dhabi, UAE, to undertake operations for the
alliance partners.
Golden Rim is responsible for the management of Royal Falcon. Funding of Royal
Falcon is by way of loans from the alliance partners, supplemented by project funding
as projects are developed. The alliance partners contribute funds to Royal Falcon in
accordance with their equity interests.
Royal Falcon has completed detailed assessments on gold, base metal and iron ore
projects in Sudan, Ethiopia, Eritrea and Sweden over the past few months. A number
of exciting opportunities have been identified and the alliance partners are in the
process of trying to acquire several projects.
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I can't see this retracing back below 4.5 cents.I have been...
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