good to see some follow through buying in gold and copper overnight in London, everything coming together nicely for RBM, producing copper with expansion by end of year and very exciting exploration for copper and gold. We didn't see the expected sell down from the beneficiaries of the rights issue so hopefully it is just a matter of time before the excess can be mopped up and the share price starts heading north again.
I sent an email to Jerome Vitale tonight regarding development timeframe and exploration drilling, also I was trying to encourage him to release an updated company presentation including the companies view on the recently completed Redbank Copper Project drilling.
I think the company just needs to get the message out about how confident they are in regards to the exploration potential of Redbank, Jerome said as much on Boardroom Radio he just needs to let the rest of the market know by way of company presentation or institutional roadshow.
I am expecting an announcement soon in regards to the scoping study for the stage 2 expansion at Redbank, also the next round of drilling at Redbank (copper) and Mt Kasi (gold).
RBM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
