RDM 0.00% 11.5¢ red metal limited

$1.00 Party, page-3

  1. 618 Posts.
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    $1 SP is ~$300m mcap. To get there I think we need 1. MRE that confirms the thing is a monster (just a matter of getting the drilling going) 2. optimised extractions netting some upside 3. prove the downstream and make a product for offtakers to get their hands on 4. some kind of token government support hinting that we could get a helping hand once we get to the FID stage down the road 5. ideally a good cash runway so the threat of a CR doesn't hold us back (hint hint turn some of the MMA shares into cold hard cash)

    So based on that, my guess is June 30, except RDM stock won't be on a EOFY sale, quite the opposite cool.png
 
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