see, RDG acquired Lucky Bay mine for 22million and that too without Scoping study. So i think it’s reasonable to expect 40-45million mcap after that. We have tonnes of upcoming news with MRE expansion with phase2 PG drilling & red hill exploration. Also, Nick claimed in last interview that offtakes are on the table after SS and met work. Which is huge at the same time RDG will release their profit results and garnet market update overall (demand price etc). Exciting times as active oil and gas rigs are increase and ship building is booming.
Ann: Becoming a substantial holder, page-8
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