Yes I would urge caution which is why I think this will fly if Alcoa is involved and on confirmation
IMO the speculative risk was based on 40 years in the industry, a pilot plant which run successful and a partnership for a number of years working with Alcoa.
Not some drill holes.
Lets Look at RED - Market Cap $160M - Forecast ernings per share 2012 1Cent
MHM - at Close on Friday $100M - Forecast earnings on Australian operation alone 7 Cents fully diluted.
Cheers
monday's opening price?, page-49
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Last
45.5¢ |
Change
-0.020(4.21%) |
Mkt cap ! $235.4M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.5¢ | 45.0¢ | $703.2K | 1.509M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12272 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 27253 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| VYS (ASX) Chart |