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25.0% 1.0¢ red mountain mining limited

Ann: Red Mountain Secures Footprint in Bynoe Lithium Province NT, page-37

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  1. sleekbeak
    2,298 Posts.
    lightbulb Created with Sketch. 108
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    30/11/22
    17:35
    Post #: 65080087
    I don't think this management is incompetent at all.
    My opinion is that they are very switched on with what they do.
    Wash Rinse Repeat.
    Acquire a cheap (dud) asset.
    Spruik it.
    Then Raise some cash.
    Pay staff a comfortable ongoing wage out of the funds raised whilst at the same time poking a few holes in the ground.
    Keep repeating the cycle.
    This is how the operation is meant to run.
    And I think these guys are very good at what they do.
    Concerns about competency of management unwarranted IMO
    RMX Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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