RMX 23.1% 1.0¢ red mountain mining limited

Very much so Wilson! I believe the SS to be very understated and...

  1. 2,314 Posts.
    lightbulb Created with Sketch. 47
    Very much so Wilson! I believe the SS to be very understated and conservative, EG. the head cut-off grades, the mine life, the payback and this is now on its way. Sure we will have pull backs and the like but it will clear the path for future results as they come in.

    One thing I would like is for them to drill very deep in 4-8 strategic locations throughout RMX tenements. It would answer the question if there is any Porphyr systems underneath or whether its just eluvial gold systems.

    Either way for a $12m MC with $18m conservative estimate earnings per year over 5 years this is great for all meds and longs.

    Cheers and luck all whatever your strategy :)
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.003(23.1%)
Mkt cap ! $3.873M
Open High Low Value Volume
1.2¢ 1.2¢ 1.0¢ $16.39K 1.494M

Buyers (Bids)

No. Vol. Price($)
4 288999 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 406969 3
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
RMX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.