Aegis gave this a value of 33c back in May 07. http://www.redbankmines.com.au/News/Article/96/
Alot of positives have occured for the company in that time, but the share price stumbled. I can't seem to access the updated valuation on the company's webpage.
I wonder if Glencore will make a play for RBM with the current weakness in the shareprice. Maybe they had some part in driving the price down? Finally the market is taking notice of RBM which has been punished in the current market environment.
RBM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
