RMI 4.35% 2.2¢ resource mining corporation limited

kramark IMO you are right.The oppies offer enormous leverage. I...

  1. 18,150 Posts.
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    kramark

    IMO you are right.

    The oppies offer enormous leverage. I to hold both heads and oppies.

    Since I've been in this stock I've had a target price of 5c on the heads by the time the oppies are due to exercised.

    Now.......that's just me, others may not agree.

    It's interesting to go back to the last valuation that was done on WOWO $168m.

    That is with the current resource and bare in mind that's about to be upgraded anytime now and again in October.

    Add to that at the time of the valuation the price of nickel was $19,800 if my memory serves me right and today the price of nickel is $24,000. That's 20% higher.

    Hope this helps but please DYOR.
 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $14.35M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $2.717K 123.4K

Buyers (Bids)

No. Vol. Price($)
1 44000 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 100000 1
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Last trade - 11.54am 28/06/2024 (20 minute delay) ?
RMI (ASX) Chart
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