hi flipper,
thanks for your response.
i have a feeling that the market doesnt see RBM as we do.
The market cant see a substantial future growth story at this stage. They have good grades in several of these pipes and will have good feedstock for their mill. They should produce good cash to fund further exploration but unless they find the source of these breccia pipes with a big resource we may see the share price appreciate only mildly towards the 33c in the broker report over the next year or so.
Perhaps the deep drill results will start to tell the true story.
cheers
- Forums
- ASX - By Stock
- RBM
- a problem stock
RBM
redbank mines limited
a problem stock, page-32
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)