Today's ASX announcement regarding Matthew Capital Partners...

Today's ASX announcement regarding Matthew Capital Partners becoming a substantial shareholders is very positive for REY. Matthews Capital seems to have the art of generating many winners in the short term. Their recent involvement in GNS & ELD highlight how their research has been able to generate very good short term returns. I suspect they have built up a following from their previous successes. REY can be researched through their most recent ASX presentation plus their June Quarterly. I expect the driver for price increase could come from drilling results increasing their reserves at Duchess Paradise Project (currently stand at over 510.5mt JORC)in their next quarterly or by obtaining a partner for the project.
Regards
Buffett