RE: Strong Momentum Building at Rockfire – AGM Passed, Molaoi Advancing28 Jun 2025 10:59
I think the bottom has been hit now and we should start moving back to at least the last 12 placing price now over the next week or so in anticipation of the license award anytime. This has gone far too low at 3m mc - its purely because of bored holders, but the value is still there and once the next phase of drilling starts it will hit radars again and people will realise how the valuation is silly in comparison to peers. Its hard to find any other stocks with such a critical and large resources worth several billion at 3m mc - reality is, even at this stage, we should be around the 15-20m mark. Hold and add where you can, and the rewards will come. Even a 10 bag here is only 30m market cap!!!! tiny - the next phase of proving this up will have bidders circling by year end to either partner or a straight buy out, which is no doubt the intention.