RDM 3.33% 15.5¢ red metal limited

..and simply....along these lines, it is a stretch imo to say...

  1. 10,670 Posts.
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    ..and simply....along these lines, it is a stretch imo to say that Rdms current SP value is underpinned by the Maronan resource. If the Maronan resource was a given then absolutely that could be argued but its only inferred atm. I could be wrong, but back in the 2012 days if we had a truly underpinned base then we would have rocketed and off we would have gone...


    Maronan may be a winner, but surely the big boys would of snaffled it asap.???
    I look at it as if we have zero, but Rdm Management is working bloody hard at changing that. And on we go with a quality management team having a decent crack at it.
    Our SP value is a true indicator of the state of play......as it most usually is....not always....but in this instance we are where we are. Ground zero, but with a collection of great opportunities moving through 18.
 
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