Great to hear the company is increasing oil production and that the drilling campaign is being accelerated with a second rig contracted. Share price could go on a nice run from here as the company is clearly very undervalued
Kremlin to seize assets of foreign owned companies10 Mar 2022 13:36
I'm hearing that the Kremlin has drawn up plans to seize and even nationalise companies where foreign ownership is more than 25%. Gold mines are likely to be particularly attractive given the sanctions against the central bank
An independent valuation of the Wowo Gap project was conducted in 2009 and valued the project at AUD 168m. That's for just one of the projects. Shows the potential here to be a multibagger
You would have thought the RRR share price would be booming due to its exposure to multiple commodity projects - oil, gold, copper, cobalt, iron ore etc....
I bought some today as I think this is well under the radar and will do very well once more people realise that a company with a tiny market cap is sitting on a huge nickel resource
If you look back through the RNS history LND has done at least one placing every year and there's never more than 12 months between each placing. The last placing was just over 12 months ago which suggests the company won't be able to hold out much longer given all the work that has been planned