Hi rogerdat
I am a complete newcomer to RNX... bought a couple of days ago. Just picking up on your post.
If this is a repetition of Ernest Henry then contained Cu could be 1.5Mt which gives a AUD$22B total asset value. A DCF valuation would be probably $1.5B.
In this case with a mine already established next door a buyer would possibly try to pick the whole thing up as a package.
I think there would be some competition to purchase if a majority of mineralisation is on RNX ground... if the drill proves the deposit this will sell for top dollar... imo.
Hi rogerdat I am a complete newcomer to RNX... bought a couple...
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Mkt cap ! $4.807M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $93.98K | 31.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3339174 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 15130320 | 7 |
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