cash flow positive

remember that RBM is currently producing around 1200 tonnes of copper a year and has sales of around $800k - $900k a month. With the stage 2 expansion due in the third quarter production will rise four-fold, which in turn will give the company plenty of cash to launch an all out assault on drilling the huge potential redbank tennements.

Hopefully over the next couple of days the day traders get shaken out and the long term investor can pick up an absolute bargain.

If you listened to the interview on BRR it sounds like the next round of drilling won't be far away and by going back through recent company announcements they like to release the results as soon as they come to hand so there is going to be plenty of news upcoming to keep everyone interested.

Also the last share placement will hopefully be the last with the copper production funding all future expansions and drilling, so the capital structure should not expand to far and the current excess shares will be soaked up over time.

So don't be concerned that it didn't rise another 40% today there will be plenty of good times ahead!!