Drilling Schedule, is there one?, page-21

Hi Willius,@willius

You keep putting down the dog but facts are what they are - when did you make a profit from this stock ? - the last 10 years don't give that many opportunities !!



Given the time value of money ? How long is a justifiable wait for a return ?

Spare me the usual diatribe about understanding the risks of exploration - they have acheived sweet FA in a long time - my exit should have been many moons ago !! - ah but waiting for the expected pay off that never comes !! - time marches on and the only beneficiaries are the employees of the company and not the shareholders - unusual that !! - normal for a WA origin company - but Sydney !! come on RR you are overdue to payup to the long suffering shareholders of this show.

Once we hit 0.05c (that appears to be the bottom) we should expect a lift for a while - and then an exit - did you notice that the value 10 years ago was more than double todays price - plug that into your TVM calc and see what price you need to achieve today to have made some "real" money !!

Money would have been better spent in any one of a numerous number of competitors - Patience and loyatly are traits that will achieve you sub standard returns.

I am looking for the exit at a loss and will go to a more proactive Company that alraedy makes a profit rather than the slow milking of shareholders ie. NST/Saracen/Aurelia/Dacian/RSG/KLA/AMI - and many more !!

Don't get get me wrong RDM have good management - they do not screw their shareholders - tight ship knowledgeable dudes and all that but results haven't happened - how long can you reasonably wait for ?






Explorers generally don't find anything of great value - but ask shareholders to be patient !!

In my humble opinion that is what it is !!

Sell on opportunity is my sentiment - rather than a blunt sell !!