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Up we go

True but imo should "wake up" shortly towards the fully paid drilling

Today on ASX 3x average volume

Drilling in the gold rich area end of January. Just topped up again

2025 should be our year.

OK, thanx for your reply. There was a discussion about that on advfn and that's why I asked as I would like to top up my holding shortly at these strangely low sp.

HarChris. Do your calculations include gold stream agreement? As far as I know they give away 10% of their produced gold at less than the cost of production.

Https://finance.yahoo.com/news/trend-high-returns-thor-explorations-165318719.html

Correct Jimzi,I fully agree. Just wanted to show how crazy today's market cap of £6.83m is. "Unacceptable" £20m offer would mean nearly 3x today's market cap do what should be that "acceptable"?

...but they don't, it's their right and it means nothing.

RUA are a good takeover candidate. Someone with deep pockets can buy an established manufacturer with all the IP's and potential new products for say £20m

It's in general a gold rich area. Wherever you drill you find gold. Our drill is scheduled for the end of January which not that far off. We have money for that. Of course there are some risks as always but imo the probability to have excellent results way overwhelms that risk. Many investors now sit on the sidelines bearing in mind the placing price of roughly 0.35p. I've just topped up my holding at 0.414p but at the same time I could've sold at 0.402p even 200, 300k shares without any problems.

After initial drop it's going back up

Worth reading, very interesting. I like their approach.

Very good and logic conclusions HarChris

These are not "pumping comment" but based on reality and all data available. One person selling thing is creating a conspiracy theory like "he knows something we don't" and that's why he's selling in addition in Canada. There are enough smart guys here in England to spot any kind of danger and I for one haven't noticed any sell off on L.S.E. so far.

As it's just one seller apparently he/she needs cash, has to repay his/her debts or something else. For a logically thinking person it's difficult to call it a "sell off" and creating conspiracy theories based on one person selling... C'mon

Very positive and encouraging.

Can you elaborate?

...which would mean around £470m market cap, more than 4 fold