I have a simplistic expectation for RXM.
if/when it is an operating mine meeting design specs from BFS I expect $3+
if/when it has finance fully approved/funded it should be $2+
if/when it has BFS that looks good i expect $1+
I will sell half at $1.20 post BFS to get my initial investment back in full and hold the balance to $3. In the meanwhile if they have any spectacular upgrades to resource I can adjust the milestones.
not many sellers, page-3
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $368.1M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 46.5¢ | $485.0K | 1.038M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 10841067 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 12854049 | 45 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| RXM (ASX) Chart |