RDM 4.35% 11.0¢ red metal limited

Ann: BREAKTHROUGH REO LEACH TESTS ON SYBELLA, page-213

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  1. 76 Posts.
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    On any day the SP should reflect what is known at fair market value. It's possible that it can keep rising but equally possible if macro conditions can see us back at 13-15c, and a slow decline after the initial excitemetn. I've ridden a LOT of ebbs and flows with RDM, it ran to $0.525 on hype, I don't see hype fueling commodities right now and rare earths are a lot more complicated than say a Degrussa.. I'm staying positive but equally realistic about what to expect here, there is a chunk of work needed which is why the SP is 18c and not $1.80.

    GLTA.
 
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