RHM 0.00% 30.5¢ richmond mining limited

just a comparison chart here of a very similar technical...

  1. 15,729 Posts.
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    just a comparison chart here of a very similar technical play.

    RHM in blue, NSE (oil and gas junior) in green.

    apart from the obvious comparisons, it should be noted that, whilst being from different sectors, fundamentally there were/are alot of similarities -

    low number of shares on offer
    efficient (ie low fees) and effective "low gloss" board
    workable "low gloss" assets
    major financing deal/offtake agreement in background

    getting back to the technicals, this chart wants to head north again, and when it does, it will have 90c in its sights for mid next year


 
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