RMX 0.00% 0.1¢ red mountain mining limited

RMX - CHARTS Discussion Only!!, page-1376

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    many strange things have happened in the stock market. I for one wouldn't exclude that from happening provided the results do resemble the "Clayton valley look alike"

    It's going to take a hell of a lot longer than a drill or two to prove up the resource to a 'Clayton valley look alike' level. I prefer to concentrate on what is likely to happen, not what strange things might happen. I simply don't see a $100mill+ marketcap any time soon. Sure longer term with another good acquisition and a series of good drilling results that start to create a picture, $100mill plus is easily achievable but there's likely going to be further share dilution for extra funding well before then. I'll be very happy with a $20-$30mill marketcap in the shorter term.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.