RMX 0.00% 0.1¢ red mountain mining limited

Ann: Exploration to commence at Mukabe-Kasari, page-223

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    RMX may be looking at a new Gold project in the DRC.

    I don't want to rain on anyone's parade but they said they were looking for new gold projects in a quarterly nearly 2 years ago and pretty much ever since in quarterlies and investor presentations. Personally I'd prefer that, at it's current marketcap, that they concentrate on what they have and proving it up to a level with the current cash they have, that will give it a significantly higher marketcap before investing in new grounds requiring further capital investment.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.