RDM
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0.00% 10.5¢ red metal limited

Hardly "Tier 1" Fox.Currently sub-economic - largely because of...

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    05/08/20
    14:19
    Post #: 46320836
    Hardly "Tier 1" Fox.
    Currently sub-economic - largely because of it's depth (and slightly modest size and grades) plus massive capex costs.
    Pb price is the most important thing here - needs US $1.00 / lb (currently about 82c).
    The very deep, upcoming, drill hole crucial in proving that mineralisation gets better at depth (which well it might / or not).
    Rolll the dice.
    RDM Price at posting: 16.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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