RDM 0.00% 11.0¢ red metal limited

Veritas Securities Limited Equity Research Note, page-12

  1. 1,484 Posts.
    lightbulb Created with Sketch. 1308
    Pleasure, mate.

    It may be worth starting another thread/ an interesting exercise to calculate some NPV figures using different price assumptions.

    Pushhi: My fifth year invested in this space. I explained to Rob the other day that RDM had taught me the value of patience. Good to read that you are still belting out the Bon Jovi. "Father, father, please believe me. I am laying down my guns..."

    Sarg: Yep, RDM's internal figures are more robust, however, the Veritas figures are thereabouts.

    bobla: Good pickup. Highlights even further how "hideously undervalued" (to borrow TL's words) RDM is compared with its peers in the junior speccy space.
 
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