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0.1¢ red mountain mining limited

OFs expire March 2018, so only 10 months now. All depends on how...

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makattack

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25/05/17

12:21

Post #: 24906351
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Originally posted by sajayc ↑

Racolini posted an example of OF vs OG, at the time share price was around 4c
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If the SP was to get around $20 mill MC = 6c, no premium priced in..

Heads would see a 122.2 % return

OE's 0%
OF's 120% if buy at 005c
OG's 164% if you buy at 1.7c

At 30 mill MC = 9c

Heads 233%
OE's 0%
OF's 840% if you buy at 005c
OG's 311 % if you buy at 1.7c

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OF's have bigger reward if shareprice rockets!

GLTHA
DYOR

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OFs expire March 2018, so only 10 months now. All depends on how confident you are that MC can get to somewhere close to $30mill within 10 months.

RMX Price at posting: 2.7¢ Sentiment: None Disclosure: Held
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0 Great analysis

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