GREY:RNKLF - Post by User
Comment by
pierregon May 02, 2019 12:27pm
225 Views
Post# 29701453
RE:Dead Money...
RE:Dead Money...360 Remaining 2019 catalysts will move the RNX share price.
-Ongoing drilling program is far from finished and drilling results have been good to very good;
-Closing of the bought deal over-allotment;
-Purchase agreement option is likely to be fulfilled;
-43-101 will be complete by the end of Q2;
-Specimens will very likely 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;
-Limited bulk mining restart in Q2;
-Production will be ramped up after Q2;
-In Q2 the company will assess whether or not 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.