GREY:RNKLF - Post by User
Post by
pierregon Mar 21, 2019 3:34pm
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Post# 29519050
2019 catalysts that will move the RNX share price
2019 catalysts that will move the RNX share priceThe following 2019 catalysts will move the RNX share price:
-Ongoing drilling program is far from finished and drilling results have been good to very good;
-Q4 financial is likely to be profitable;
-43-101 will be complete by the end of Q2;
-Specimens are likely to be sold;
-ASX listing by the end of year;
-Dumont Q2 updated feasibility report and management decision on what to do with it, buy back a percentage of it, spun-off or sold;
-Production will be ramped up after Q2;
-If nickel prices continue to increase RNX might want to restart nickel production at Beta Hunt;
-A second drilling program will eventually start after assessment and planification, after Q2;
-RNX could be sold, they could strike a joint-venture, hostile takeover or continued organic growth;
-2019 RNX financials;
-Clarity of news releases, and are they timely?;
-Gold price;
-Stock market performance;
-World politics, notably decisions and reactions to Donald Trump and US Fed.
I strongly believe that for RNX Beta Hunt is at its early stages and development will continue for many years to come, with heightened production and resource.