RBM redbank mines limited

re: director buying more "I think that the market has not...

  1. 85 Posts.
    re: director buying more "I think that the market has not cottoned on to the significance of the off-take agreement announced yesterday."

    Fiery, I agree.

    I don't think anyone is watching. The company have to get the word out.

    With the off take agreement now in place, that secures the company's immediate and future cash flow whether it is the dry or wet season in NT.

    Also, with production approaching what they promised, they must be close to producing 100 tonnes copper cement per month. This alone should produce approx $500,000 per month.

    Add to that Glencor's cash injection and you have to ask why can't this company start the copper drilling programme immediately?

    All seems very positive and the share price trend seems to have turned upwards.

    I hold
    Always seek professional advice when considering investing


 
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Currently unlisted public company.

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