RLK 0.00% $1.80 rolek resources ltd

smashed, page-28

  1. 1,611 Posts.
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    Unit,

    I am also out of my final 360,000 shares in the first 5 minutes of open.

    Initially I thought I missed the run since it hit 9+ cents.

    SRR has $11.1m in the quarterly and predicted that they will use $4m for the final quarter. Add to the $2m that they have to pay (and recoup later by other means. I suspect that that misc costs are going to be higher as a one off die to the debacle ... so entering the new year SRR may only have $4m in the bank.

    Would this mean another capital raising in the first 3 months of the year. If it is then expect a discounted raising ... most likely Hartleys are going to participate in this hence the research report.

    Good Luck to all shareholders
 
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