RDM 3.85% 12.5¢ red metal limited

Thoughts?, page-10

  1. 3,610 Posts.
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    To be fair to management, they only have to report quarterly - unless something price sensitive occurs.

    In RDM's case, this will happen when mineralisation is encountered during drilling (or a Maronan JV occurs).

    Occasionally the price will go up just before a drill program commences.

    I'm afraid geophysical/geochemical programs are, by themselves, not that important or usually (with some exceptions) price sensitive.

    Unfortunately with RDM (because of their shoe-string budget) there is not a lot that happens quickly.
 
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