RDM 3.23% 16.0¢ red metal limited

Movement In may, page-3

  1. 424 Posts.
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    Hi Moneyboy, and welcome to the RDM discussion board.

    I think you are right on both occasions. I was thinking about May for the drilling campaign, and yes as soon as commencement announced share price will move up - how much will depend on how the market perceives but I am enthusiastic that this will be a successful campaign.

    We were very fortunate to have been awarded this adjoining tenement to our existing Punt Hill prospect (P1) as it was smack bang in the middle of both and beat OZL in being awarded the tenement. OZL were not happy and approached RDM regarding the current JV. The strong gravity and small magnetic responce and its geophysical signiture is similar to OZLs Carrapateena deposit which is currently under construction and due for commissioning Q4 2019. Fingures crossed if this P1 target hits what we hope, who knows where the SP will go. Hope this helps.
 
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16.0¢
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15.0¢ 16.0¢ 15.0¢ $15.42K 100.6K

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1 19111 15.5¢
 

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16.0¢ 82741 4
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