Faith in the Bod and the assets27 Jul 2021 10:11
We all know on AIM, placings are commonplace more so for exploration miners.
What was surprising of course was that we were told that we were fully funded, therefore the placing for me came as a surprise.
It seems however, that a favour has been done for this institutional investor to buy at placing price. I really hope that this investor brings value to Rock as we've all been hoping for. They must've seen investment value here more so because they're the first ii to enter which is usually walking a tight rope in any junior miner.
This gives me great confidence here and I'm happy with that - we are of course yet to see the details or conditions attached, but nevertheless, it is a great start and quite pivotal at this early stage for Rock.
We had great volume yesterday, and need a couple of weeks or so to churn through this 1mil.
Sentiment has improved greatly over the past month, and I hope this continues in line with results and progress.
This is a step in the right direction IMHO, one which is at the cost of our short term 20% gain.
I say onwards and upwards from here, chin up my dear rockstars, we have proven copper, proven gold, dozens of unexplored areas on all fronts, and now an ii which should create interest amongst others.
Patience is sometimes synonymous with acceptance IMO. We accept this reality without a choice really, but in the long run we will all be happy I think!!
GLA