I originally posted on RMI months ago, before their original run.
I came up with a (conservative) IGV of $60 bill.
So then taking a 10% of that figure (rough estimate for explorers) the MC should be around $6 bill.
At the moment RMI is trading at less than 0.25% of their IGV.
SO there is plenty of upside.
However i no longer hold (sold into last rally) as i am disappointed with management. They are accountants and not miners/geos and seem to have no real idea about how to keep the market interested or progress things such as Argyle. All talk no action
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $4.566M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $280 | 39.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2289710 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 119850 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2289710 | 0.007 |
3 | 965850 | 0.006 |
1 | 400000 | 0.005 |
2 | 688888 | 0.004 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 119850 | 1 |
0.009 | 610073 | 2 |
0.010 | 1484784 | 2 |
0.011 | 763500 | 2 |
0.013 | 7692 | 1 |
Last trade - 10.14am 07/11/2024 (20 minute delay) ? |
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RMI (ASX) Chart |