RMX 0.00% 0.1¢ red mountain mining limited

Ann: Mukabe-Kasari Project Exploration Update, page-160

  1. 1,863 Posts.
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    AVZ started with very small MC , when the story unfolds people will see.

    also what I would like to correct you is that nowadays Chinese dont throw money to anyone for anything,

    they become more sophasicated and capital investment are being conducted with disciplines, not like a few years back.

    time has changed so we better change our way of thinking

    Now back to RMX, they need to show the samples & some decent drillings to attract attentions.

    Looks like the RAB/AC drillings are going to be very shallow, but if they hit something decent, we might be witnessing another great story.

    As a comparision, any cobalt explorers listed on ASX that have a drilling ongoing, are being market capped around $40-$100 MC at least, so it means RMX has some value by looking this way,

    also, management keep on hinting re new battery material project or gold project,

    well if they are going to acquire gold project, you know there is one place to be - Pilbara in WA.
 
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