RDM 4.35% 11.0¢ red metal limited

Leverage to a silver bull market, page-38

  1. 534 Posts.
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    although we are a long way from producing silver and financing to a plant or a way to treat the ore would need to be funded.. from what i understand aussie silver companies typically produce at around $20 and ounce, with the silver price at $34 aud at time of writing the 110m oz deposit is surely worth thinking about..

    i think the market cap should get to $1 AUD per ounce of silver they have so $110 million or around 40-45c in this silver move..
    Last edited by Nietoperz88: 01/08/20
 
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