RDM 3.03% 16.0¢ red metal limited

what's rdm value now ?, page-4

  1. 220 Posts.
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    Lunchtime,

    You sure made that an easy call. Sell. Then the price will go up for the benefit of the remaining holders who may also want to sell.

    Otherwise, comfort yourself that you bought these shares knowing they were high risk, but liking the odds better with RDM than with other explorers. Nothing has changed except that the last few holes blew a theory (model) based on very sparse information out of the water and now we don't know what we have down there at Maronan. But we do know it is not just barren rock.

    In the last release the geo seemed to offer overprinting of copper and gold (ie. which replaced the lead and silver) as a modification to the model. Who knows he may be right or he maybe wrong. But I have no doubt he is giving it is best, he has put the best years of his career into this so far, and I am still betting he won't give up until he runs out of the readies completely.

    Hard as it may be to keep the faith, this is not the only exploration project RDM has, and I am also betting that the company will manage to raise funds for the next ones, hard as that may seem to believe at the moment.
 
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Last
16.0¢
Change
-0.005(3.03%)
Mkt cap ! $47.92M
Open High Low Value Volume
16.0¢ 16.5¢ 16.0¢ $27.85K 172.9K

Buyers (Bids)

No. Vol. Price($)
2 7041 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 32355 1
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Last trade - 15.41pm 19/07/2024 (20 minute delay) ?
RDM (ASX) Chart
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