RMX 10.0% 1.1¢ red mountain mining limited

Ann: Red Mountain to proceed with earn-in to Mokabe-Kasari, page-57

  1. 3,574 Posts.
    lightbulb Created with Sketch. 1263
    Pity the good news was marred by the discounted shares CR to sophs. Not even a very large amount so my guess is RMX simply grabbing cash early to streamline the way forward.

    The good news of course is that we are going ahead with the DRC and now on more favourable terms than before, so I fully expect prices to recover now that we have some direction on what could be a very lucrative asset.

    Im still expecting a second project to arise short to medium term....just a feeling.

    So now is IMO simply a nice little opportunity to confidently top up. My guess is all this week will provide a discounted opportunity.

    As always, watch for volume.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $4.260M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $4.35K 391.6K

Buyers (Bids)

No. Vol. Price($)
9 899651 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 130000 2
View Market Depth
Last trade - 14.03pm 08/11/2024 (20 minute delay) ?
RMX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.