Surely we have defense against this though. Most of us are well informed about the potential from both the MMA and sybella side of it. There's something very concrete there that is shaping up better and better as time goes on. Sure the exploration stuff (which very intriguing and one of the reasons i came here) is speculative and therefore yes, realized value now is always better....but that only makes up a tiny fraction of RDM's value.
Any shareholder with half a brain wants to see a resource proven up for sybella now that the met work checks out and if you came here for MMA, you're fully aware of the macro implications alone doubling the value of that (or more). So just a doubling is less attractive compared to the potential upside.
Obviously it will take some time (a few years minimum) to realize that value but we're looking at 10+ bags minimum if things go well. Sybella going forward as a tier 1 project would be in the billions.
So if us humble retail shareholders realize this, surely enough other people think the same way?
DYOR not financial advice.
RDM Price at posting:
17.0¢ Sentiment: None Disclosure: Held
(20min delay)