RDM 4.55% 11.5¢ red metal limited

Price catalysts for 2017, page-61

  1. 526 Posts.
    lightbulb Created with Sketch. 54
    Yeh CH,
    Everyone an optimist! RDM have a group of prospects. They nearly all have merit. Any serious price move depends on drilling and good results which is months away at best. Alternatively they sell a stake in Maronan for $100M. Could be argued that RDM rise over the last few months is just in tune with the general rise in resource stocks. I say hold and wait.
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.