The Chairmans Address and the additional Presentations at the AGM ( Shoddee :- RIM comparison with Peers) are good reading and require your full attention & in my view strongly support the Board & Management
In addition perhaps partly due to the disruptive shareholder (and of course the gold price & malaise of the Junior Explorers) Rims share price has "SAGGED" to 2 cents!
NOW A RIGHTS ISSUE AT TWO CENTS PLUS A FREE OPTION PROVIDES A WONDERFUL CHANCE TO TOP UP INVESTMENT AT WHAT SEEMS A MAJOR OVERSOLD POSITION.
Imminent JORC & further drilling results pending plus additional holes!
Add to that a rebound in gold price to US$1190 at close Friday!
If one believes Rim share price oversold then the "free option" is a major plus for those taking up issue with no dilution.
RIM Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
