Hi Perdant
The way I see it is that hopefully they will get thru all 5 stages of the exploration model as stated in previous announcements...however now that we have additional territory and to keep the momentum up I wouldn't be surprised.
The ideal scenario would be that as they progress into stage 5 with drilling get a great result which would seeing the SP increase dramatically allowing them to raise more with less dilution.
Cash raising is a bug bear of all juniors but necessary in order for them to continue...however with RTR we only have 284mill on issue and they run a very streamlined operation so I'm super happy to be where we are at the moment.
Cheers
Rod
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Open | High | Low | Value | Volume |
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1 | 24899 | 0.037 |
3 | 320000 | 0.036 |
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2 | 388500 | 0.034 |
Price($) | Vol. | No. |
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0.040 | 651974 | 2 |
0.041 | 990157 | 7 |
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