Yes, it looks completely crazy (good) value. Even with MMA's MC at the very lowly SP of 20c, RDM's 44% is valued at ~ $19m, leaving Sybella and other projects a total MC value of ~$21m of Red Metal's MC! ... for a humungous potential Tier 1 project in Mt Isa!!!!
As you say, you look around you for the trap - there must be a trap???!!!
If MMA goes to 40c, Sybella is then basically free, in RDM's share price!!!!
.... Howzatt ....!!!??
Bought another handful today ... Couldn't help meself.
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