If ever there has been an oversold stock, RML certainly rates right up there.
With cash in the bank and more on the way, one tends to forget that this is no longer a predominantly explorer, but a supplier of raw material, with downstream processing in their target.
With the Heap Leach processing an almost certainty, further value adding will see the joint venture capatilising on the higher end of the market. The recovery results of the ore are proving to be quite exceptional.
Add to this the commencement of the PMG drilling and, the very real prospects of historical values being proven and or expanded, there is still some badly advised sellers of the stock.
