hedgejob if oppies are 1.8 and exercise price is 2.5 which is 4.3 cent (l know leverage) and fp closed at 2.9 oppies are trading at a 1.4 cent premium over fp which ever way you look at it. Also investors could be trading shares and keeping oppies, But you are right in saying the ball is in the directors court, time will tell. But to me there is a lot more upside in RAU over risk as siamese parrot has said it has all the right ingredients and making all the right noises. But fundementally whether Day traders or anyone else aside not to many 12 million dollar companies have so many good projects at this time. And this makes share price irrelavant at 1 cent 5 cents 2.00 dollars if it its undervalued its undervalued what its true value. Most junior explorers with the potential of rau are 30 to 45 mill valuing it between 8 to 10 cents where it was before the ill fated merger with the canadian miner luzon. Should it have been punished for merger yes. But its starts to turn around and get its projects in order and hopefully learn't a lesson from the merger should it be rerated of course. So how will it perform the directors have learnt not to take there eyes off there main focus exploration and becoming a miner but like life there is a risk so dyor
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
