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10.0% 0.9¢ red mountain mining limited

Ann: Red Mountain signs term sheet for Mokabe-Kasiri Project, page-157

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  1. makattack
    34,916 Posts.
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    22/03/17
    10:52
    Post #: 23535282
    The lithium project alone is worth far more than a $12m Market cap

    It's worth nothing until they find something. Right now it's never been drilled. That, and I suspect, RMXs past history is why it's only a $14mill marketcap right now. But I agree market is getting smashed around a bit atm and seems to be hitting the more speccy specs quite hard. 3c or thereabouts has been a good support point for RMX.
    RMX Price at posting: 3.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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