RMS stated that they wanted to buy an asset with a processing plant already up and running, and producing at least 100k oz with at least 5 years known life of mine. They recently purchased Apollo @ 1.2 mill ounces at around 3 times rxl value which doesn't qualify that metric so could they have a tilt at an undervalued RXL considering it has massive unexplored land and 1.7 mill of gold ounces close to their existing mill. So apart from potential drill results, a massive discovery, M&A or a rising pog imo it is very undervalued and has more unpside value than downside value.
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Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $65.15M |
Open | High | Low | Value | Volume |
15.0¢ | 16.0¢ | 15.0¢ | $83.51K | 553.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51532 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 153815 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 51532 | 0.155 |
3 | 581149 | 0.150 |
1 | 80000 | 0.145 |
4 | 353765 | 0.140 |
6 | 159673 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 151615 | 3 |
0.165 | 45906 | 4 |
0.170 | 145647 | 3 |
0.175 | 33844 | 4 |
0.180 | 64018 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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RXL (ASX) Chart |