RMX 10.0% 1.1¢ red mountain mining limited

Getting from 1.1 to 1.5 cents

  1. 9,275 Posts.
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    Getting from 1.1 cents to 1.5 cents should not be a massive hurdle.
    - For a company with a market capitalisation of $7.6m, that only requires market capitalisation to only nudge over $10m
    - Gold has soared lately and is currently USD 1315. That surely has to help.
    - No results on holes 111, 112 and 113. Why?
    - No resource update. The only thing we hear is it will happen but then they keep waiting for more results.

    If they could get these options into the money, market capitalisation will look after itself. With investor presentations only on offer, I reckon they are fighting a losing game. They need something of substance, something that will get the big guys on board.

    I personally can't see a rabbit being pulled from a hat. However, Monday may be a cracker.
 
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Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $4.260M
Open High Low Value Volume
1.0¢ 1.2¢ 1.0¢ $9.55K 844.9K

Buyers (Bids)

No. Vol. Price($)
9 1297652 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 300000 1
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Last trade - 12.29pm 07/11/2024 (20 minute delay) ?
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