I'm afraid that 300/1 is just reality.
Geophysical and geochemist anomalies get drilled all the time in Australia, day in and day out by dozens of drilling companies. Occasionally one hits pay dirt, and if the lease owner is a small company on the ASX (like RDM) their SP goes ip 10 times.
There's a saying in the mining industry that "there's nothing like a drill-hole to spoil a perfectly good anomaly".
RDM typically drill about 6 targets / year.
I'm afraid that 300/1 is just reality.Geophysical and geochemist...
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Last
14.0¢ |
Change
-0.008(5.08%) |
Mkt cap ! $41.93M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $14.46K | 102.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 111238 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 100000 | 1 |
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| Last trade - 14.00pm 20/06/2024 (20 minute delay) ? |
| RDM (ASX) Chart |