RMX 0.00% 0.2¢ red mountain mining limited

positive market reaction, page-5

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    I would expect a $30-40m market cap could be expected on more positive drilling results and a positive scoping study

    With current shares on issue (icnluding new shares to be issued), a $40mill marketcap is a share price of 6.88c. If you include the RMXOs, 5.54c, include the RMXOAs and that's 4.878c.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.