Quality post, Slammer, cheers.
My view, which should be exceedingly obvious by now, is that 2017 will be the year for zinc. We saw most ASX Zn developers re-rate in 2016, so it is only a matter of time before coin starts to trickle down/chase Zn explorers. Our LH tenements are massive - I estimate 100km from north to south.
Outside of LH, the Mallapunyah Project (near McArthur River and Teena) is extremely promising. I seem to have missed a comment made on page 8 of the 2016 Annual Report that:
"Red Metal is currently negotiating a major joint venture to advance this (Mallapunyah) exciting project".
Expecting the whole Zn market to heat up in 2017. The supply issue isn't going away and will continue to exert upward pressure on prices. Those who get set now will reap the benefits from the imminent madness. Right time, right commodity. Very excited about our exploration opps in the NY.
2017... coming soon, page-9
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RDM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $39.56M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 11.0¢ | $56.72K | 514.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 927247 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 267860 | 5 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| RDM (ASX) Chart |