It is hard short term and particularly as most people look at it daily.
The value will come out. If it is as good as I and others are saying then the will of the overall market will prevail, ie. you can't have a 50 mill plus resource at 1.5% Cu in "Australia" and have an $18 mill market cap.
This is very early days now. We all must cast our minds ahead 2 years and think where the resource will be and thus the likely share price.
This is why I am so confident of $1 plus.
Whether it can make $1 by May 2008 is hard to say, it may need till the end of calender 2008 to get there, but if it did hit $1 by May 2008 it is a 7 bagger for the main shares and an 18 bagger for the options.
Something to think about.
Flipper
- Forums
- ASX - By Stock
- RBM
- consider the future
RBM
redbank mines limited
consider the future, page-6
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SBW
Shekel Brainweigh reports a 50% revenue increase in its Retail Innovation suite and delivers the first batch of 20 Smart Bays to Hitachi as part of a larger order