RDM 3.13% 16.5¢ red metal limited

While we are getting carried away...why not proceed with the...

  1. 2,831 Posts.
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    While we are getting carried away...

    why not proceed with the following (when in Rome eh?):

    $3.6 Billion - *$600million in development costs for a nice even $3 billion

    $3Billion / Shares on issue (let's say 150,000,000) gives us a nice even $20 a share.

    Therefore, back of the envelope says "buy" up to $20 a share ;-)
 
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