RMG 0.00% 0.7¢ rmg limited

be carefull they keep feeding alert, page-19

  1. 937 Posts.
    Well I suppose the market tell's the tale...the announcement came out at 1.43pm and not a single trade (other than an off-market tfr).

    Though I have spoken to someone who was involved with their drilling some time back, whose comment was that they have significant copper deposits, but the crunch will be if they come up as viable (in grade & amount)....I have 1.2m and am tossing up the possibility of buying more at the current price....but it's obviously a punt.

    RMG With enough $ for say 18 months and the possiblity of a recovery in the next 12 months one would think the copper price will head north and any explorer's SP, with a possible commercial deposit, should do the same.

    Then there is the phosphate; shale; U; etc; etc.

    Probably better than even money dont you think.

    And yes, well spotted Mick....your eyesight and hindsight are better than your political punting.lol.
 
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