RDM 0.00% 11.0¢ red metal limited

Ann: Spin Out and IPO of Maronan Project, page-71

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  1. 9,821 Posts.
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    Suggest read prior posts and asx statements then comment - that’s the better order

    ceo Is usually good in speed of returning enquires so maybe try again if you haven’t heard back

    its standard for most pre producer cos not to communicate where they think the answers are self evident or already caveatted
    ie they said timetable was indicative ie not binding. - so nothing legally or technically has changed

    it’s a zero issue imo - the point of a spin out is to ignite rdm sp + fund maronan projects go forward

    first can’t occur until silver confirms a bull market - and the second’s only worthwhile if silver and gold metal prices are on rising trend

    oz jv is funding the current drilling so there’s no burning cash issue from any delay


 
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