RML resolution minerals ltd

Glad they can carry forward the 1st year overspend to the 2nd...

  1. 3,928 Posts.
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    Glad they can carry forward the 1st year overspend to the 2nd year. Also a 6 month grace period is mentioned to allow more time for earn-in if necessary, but it seems it will be easy to meet the next earn-in target.

    0.9m USD spend requirement in the 2nd year is much less and will probably be fulfilled by the upcoming shallow drill program I suspect.

    Most importantly this announcement really indicates to me that a massive dilution at current prices should not be necessary. Fingers crossed we'll see a small placement only to allow further drilling. I just wish we didn't have to cross our fingers so much with this stock. It's performed terribly since the last cap raise.
 
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(20min delay)
Last
8.1¢
Change
-0.001(1.22%)
Mkt cap ! $54.09M
Open High Low Value Volume
8.0¢ 8.7¢ 7.7¢ $1.912M 23.35M

Buyers (Bids)

No. Vol. Price($)
2 157500 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.1¢ 85688 1
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Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
RML (ASX) Chart
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