Added to YB: 2025-01-03
Pitch date: 2024-12-31
RRACF [bullish]
Rigel Resource Acquisition Corp.
+2.5%
current return
Author Info
No bio for this author
Company Info
Rigel Resource Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Market Cap
$168.2M
Pitch Price
$11.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-103.80
EV/Sales
N/A
Sector
Capital Markets
Category
special_situation
RRAC Warrants (RRAWF): An Asymmetric Play on the Aurous Resources Merger
RRAWF: Gold miner warrants at $0.28, 10x upside potential. $17.20 base equity value. 80k oz/yr target, $905/oz AISC. 5.1M oz reserves, 22.5M oz resource. Macro tailwinds: gold price up 40%, SA politics improved. Key risks: single-asset focus, execution challenges. Jan 2025 NASDAQ listing catalyst.
Read full article (8 min)