RMX 0.00% 0.1¢ red mountain mining limited

"Bigger than Clayton, or smaller !!! That's the bit we are all...

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  1. 1,957 Posts.
    "Bigger than Clayton, or smaller !!! That's the bit we are all taking a punt on !!"

    Not really. Can be much smaller than Clayton and still have a massive influence on RMX trading at under 12 million with a couple of million in cash. If it is similar in size to Clayton the rerate could put it through the roof. Either way a rerate from these levels in well and truly on the cards, which is likely why the smart money secured their positions up to .048 cents a couple of months back on massive volume. In my mind the question is will it go to .10 cents to .20 cents or $1.00 to $2.00 in coming months.
 
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