RML resolution minerals ltd

The sp decline has really been a combination of lack of success...

  1. 6,825 Posts.
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    The sp decline has really been a combination of lack of success with the drill and then the need for more capital shortly after.
    The difference this time may well be the deal with OZL as it does give us a project with no expenses should we decide to duck and only keep 25%.
    25% of a decent find in AUS could easily put our market cap back in the 50-100m range so given that's a possibility with success I think the downside is zero. Also i think the 5 year timeframe is merely just a number and I can see a decent amount of drilling being announced in a much shorter time frame, probably some this year given their size and the prospectivity of the region.
    There is also now 2 other possibilities... Cu here, and Au in Al, where Duncan may be successful before the next raise is needed.
    I put in for 20k of SPP.
 
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(20min delay)
Last
4.4¢
Change
0.009(25.7%)
Mkt cap ! $23.68M
Open High Low Value Volume
3.5¢ 4.9¢ 3.5¢ $4.075M 94.52M

Buyers (Bids)

No. Vol. Price($)
3 261188 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 20000 1
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
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