RDM
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0.00% 11.0¢ red metal limited

Ann: Greenfields Discovery Alliance with OZ Minerals, page-46

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  1. bottle
    3,619 Posts.
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    12/02/19
    16:04
    Post #: 37412607
    Yes, and with the new Oz deal, RDM is only diluted to 50% (initially) whereas typically before it was more like 20%.

    i.e. any discovery is now worth 2.5 times more for RDM (and the SP)! (I don't think this has been widely understood by the spec punters out there).
    RDM Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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