RMI 0.00% 2.1¢ resource mining corporation limited

rmi trading @ just 5% of independent valuation, page-19

  1. 1,136 Posts.
    Mind you... Most of the info was available in November so why would it be pounced on now....I've seen other companies with considerably higher potentials than their MCs but the market isn't responding... Why??? is there something that we don't know about these companies..

    I've re-read most of last years announcements and this company needs to come up with a JV or $1Bil to convert paper to value. 1c is a nice price to buy into such a potentially big resource but without financial backing or a buyer where will it go?... Oh well I suppose its just one cent...Been in worse penny dreads...Might jump on board and take in some prayer action. Will it move up? When?
    They have no JV's or other interests to sell. Last one was 3 rivers and now its gone.
    They have circa $600K funds available.. and a burn rate of 300K per quarter.

    All their eggs are in this one basket..... Will it pay off??
    It is dead and buried if little comes of WoWo by the end of Feb..
    It is due some nice numbers but without finding someone with money to maintain the company operations. What happens??.

    Ahh its just 1c...I'm in.





 
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Last
2.1¢
Change
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Mkt cap ! $13.69M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 4035 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 19900 1
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Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
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