Hello All Readers,
RBM has an interesting Option Position over the next Thirteen Months. Cop this:-
7,894,737 @ 38 CentsExp. 28/02/08 = $ 3,000,000.06 38,115,864 @ 28 Cents Exp. 31/05/08 =$10,672,441.92 Now for those Options to be Exercised the RBM Share Price will need to get a Spurt Along, and be above 28 Cents at the 31/05/08
I think RBM is a very much undervalued Stock at Present at approx.$16,000,000 Market Cap..
I feel RBM need an smart 'Broker, and a few more workers on the Ground. Another thing to remember is Glencore's relationship with RBM.
(Just look at what the smart 'Brokers have done with T3, after all the downplay Stories on TLS before T3, even the P.M. was conned,and what's that cost Australian Taxpayers (approx. $7,000,000,000).)
We, Online Traders don't have any real Power in this Game.
RBM is Buy at present and if necessary a hold for Twelve Months at least.
Good Luck,
moly
RBM
redbank mines limited
Hello All Readers, RBM has an interesting Option Position over...
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