RUM 8.70% 2.5¢ rum jungle resources ltd

Right now matonmax.......'they' are playing a game of rum...

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  1. 4,245 Posts.
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    Right now matonmax.......'they' are playing a game of rum limbo............................how low can it go ? The only worry I have is the issue of raising capital when & if required. Obviously the amount of shares required to be issued at these levels will be extremely dilutive. Whilst they have cash......I wouldn't classify them as 'cashed up,' making further exploration & development challenging to say the least. There are so many small caps in this exact same situation.
 
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Currently unlisted public company.

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