I find RF recent substantial shareholder notice comforting to some extent as
- they already had a material holding prior 28c ($30m Dec 17)
- they were seemingly offloading some of the 14c stock ($5.5m Aug 17) they held
- And, bang they turned around and ended up buying back 8m shares on market (between 26-30c)
So, yes I agree RF have a history of quick flip, but I think the potential AML has (12km strile looks highly likely) to become a world class polymetallic deposit. Especially the Cu and Co sulphide, which requires materially less capex to process - will see SP higher and I think RF know this and the rest of the market will cotton on soon enough...EV boom is underway
AML Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held