Hi all been invested in RDS a while now but never really spoken.
I would like to say that on the RDS website they have the Tollu Project – Conceptual Exploration Target and I like the sounds of this - Redstone has defined an increased Conceptual Exploration Target (the Target) for the Tollu Project of 31 to 47 million tonnes of mineralisation at a conceptual grade range of 0.8 – 1.3% Cu, containing 259,000 to 626,000 tonnes of copper. This Target is based on the current geological understanding of the mineralised outcrop area at Tollu, coupled with geophysical evidence to suggest that the mineralised environment extends beneath cover to the north and south.
I would like to hope that we can find some good grades and get to this target, wondering what other peoples thoughts are?
If we do get the 259,000 tonnes and times that by the US price of $7,000 we get $1.813 billion US dollars, the potential in this project is extremely good. We also have the top 21 shareholders at this stage owning almost 46% of the company.
All this for a a market cap of around 7 million.
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- Ann: 34m @ 1.07% Copper at Forio Prospect Confirmed at Tollu
Ann: 34m @ 1.07% Copper at Forio Prospect Confirmed at Tollu, page-20
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.701M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $396 | 99K |
Buyers (Bids)
No. | Vol. | Price($) |
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18 | 8939839 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 5573943 | 7 |
View Market Depth
No. | Vol. | Price($) |
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18 | 8939839 | 0.004 |
19 | 64717686 | 0.003 |
7 | 5345525 | 0.002 |
8 | 9700000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 5553943 | 6 |
0.006 | 613346 | 5 |
0.007 | 1875230 | 6 |
0.008 | 1621100 | 4 |
0.009 | 1853000 | 4 |
Last trade - 12.27pm 23/08/2024 (20 minute delay) ? |
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