RTR 0.00% 4.7¢ rumble resources limited

The problem with Rumble with its portfolio of prospects Rumble...

  1. 14 Posts.
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    The problem with Rumble with its portfolio of prospects Rumble has many waves it can catch . They vary in size and some are very small and distant .
    Rumble has the potential monster wave which requires as much energy and commitment as they can throw at it . The cash reserves are low compared to the cost of commitments to the next phase of the drilling program with the Elephant prospect .
    Western Queen has been lying dormant for many years . A commitment to mine is hugely expensive has a considerable time line and takes vital funding away from the big wave . The sale of Western Queen injects between $8-12 m into Rumbles coffers and removes a distraction .
    I have been a shareholder for many years with a fair whack of shares and see consolidation as a necessary evil .
 
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