I posted the following info on the RLC thread. RLC have a tenement package to rival MAU's and have just secured a JV with Cliffs. There is a good chance they have been, or will be, looking at MAU. Just passing it on. I dont hold MAU.
I posted a hint about RLC's other asstes the other day. I didn't intend to follow up on it so soon but due to their announcement today regarding the Cliffs JV I thought I might as well post the info.
The other company I was referring to with similar assets was MAU with their iron ore assets in the South West. They generally have a market cap of around 10x RLC. This new JV for RLC make the comparison a little less direct.
Here is an image from the blog update
Vautex Blog
I posted the following info on the RLC thread. RLC have a...
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Last
$1.58 |
Change
0.025(1.61%) |
Mkt cap ! $408.8M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.63 | $1.58 | $365.6K | 228.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 335 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 8953 | 1 |
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| Last trade - 15.35pm 19/08/2024 (20 minute delay) ? |
| MAU (ASX) Chart |