Hi Richard,I greatly appreciate M.K. arriving on the Scene here as per the following Quote from my first Posting in this thread which follows,---'After all the RCP good news lately, an RCP Presentation to 'Brokers etc. is needed to stop all the 'Bad Blood, which has been flowing', about this Company because of the connection of to the Company to just One Non-Executive Director,who's efforts and 'rescue mission' here I greatly appreciate, however now with the professional and expanded RCP Board it may well be time for him to move aside for the benefit of all, Shareholders here including Himself and the C.E.O. here'.
In short ,the Market is discounting the RCP Share Price because it does not appreciate M.K., like both of us and there is an old saying that 'A Good General knows when to Retreat'.
Presently allowing for all the recent RCP good news,the RCP should be North of 2.0 Cents, which let's face it is only possibily 10 % of the approx. NET worth of RCP's present stated Resource. ( 95,000 Tons of Copper and M.K. stated that the cost of production would be approx. $1.50 per pound, that's 2,240 X $1.50 = $3,360 per Ton plus another 33.3 % for any errors in the $1.50 which M.K. stated = $4,468 and with the present price of Copper approx. $7,000 per TON there is approx. $240,000,000 of possible PROFIT(7,000- 4,468 X 95,000) = 23 Cents per Share laying in the ground in RCP' s present Resource (7,000- 4,468 X 95,000)and You can see why M.K. and many others are highly invested in RCP.
RCP, looks difinitely the cheapest Copper stock on the A.S.X. and a smart move by 'a General' here could see a marked improvement in the RCP Share price for the benefit of all concerned with RCP.
(Sorry M.K.).
No responsibility taken for any losses in association with this Posting.
Regards,
moly
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.632M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $4.249K | 1.416M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 12498495 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3331273 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 12498495 | 0.002 |
8 | 11194323 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3331273 | 11 |
0.005 | 1719870 | 4 |
0.006 | 791324 | 6 |
0.007 | 1582000 | 2 |
0.008 | 2047545 | 3 |
Last trade - 15.32pm 15/11/2024 (20 minute delay) ? |
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