RDM 0.00% 16.0¢ red metal limited

I think to odds are against RDM finding a giant ore deposit.In...

  1. 3,815 Posts.
    lightbulb Created with Sketch. 1
    I think to odds are against RDM finding a giant ore deposit.In the last 35 years 154 bill has been spent on Minerals exploration and from that they have only found 59 World class discoveries.That means you have to spend 2.6 billion per discovery on average.The industry only finds less then two world class deposits a year.
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
0.000(0.00%)
Mkt cap ! $47.92M
Open High Low Value Volume
16.0¢ 16.5¢ 16.0¢ $36.91K 226.9K

Buyers (Bids)

No. Vol. Price($)
1 32286 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 169100 3
View Market Depth
Last trade - 15.32pm 02/07/2024 (20 minute delay) ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.