RDM

4.55%

11.5¢ red metal limited

Lots of work there Giovanni33 and very interesting reading....

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Kipper01

8,042 Posts.

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28/02/24

22:35

Post #: 72657004
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Originally posted by Giovanni33 ↑

So to circle this back to RDM directly.

At the moment fear levels are high that china has backed itself into a corner. It's hard to say if this is true or not. Either way, I don't believe it is rational to have this panic flow through to small caps. It flows through because there is an expectation small caps will raise and if a super bearish scenario happens, they won't be able to since it is harder to raise for speculative stuff during such a scenario. Hence some people exit entirely to be "risk off".

However, I personally have 2 portfolios. My speculative one where I take an active role for larger gains and then a defensive portfolio designed to withstand nearly every risk I can think of. When designing the defensive one I stayed completely away from brainless ETF's because they are filled with junk. I only found about 20 worthwhile companies on the ASX 200, while most are loaded with unsustainable debt or have business models which only work in bull markets. Even more concerning is defensive companies which should hold up really well being dragged down by management adding risk on. Can anyone think of a few like that who have been all over the news recently alienating potential customers?

I have quite a bearish view that eventually the whole thing must collapse and then be fixed, just as it has multiple times throughout history. During that transition period good assets will remain good assets and when capital has nowhere to go but a few quality companies, they will actually gain an uplift.

In a speculative portfolio it's harder to pull that off as the risk is always way higher, but what really attracted me to RDM was the massive silver exposure via MMA as well as copper targets (I am very bullish on copper for reasons relating to energy, which is a whole other rant but also somewhat linked to all this. Energy is a good asset by it's very nature, an economy always needs energy on the bottom of the cost curve. Complicated geopolitics behind why copper ties into this.)

RDM provides a unique upside of defensiveness and speculative at the same time, which I like because timing exactly when shit will hit the fan is the million dollar question and if we could all answer that we would be billionaires. What we can say for sure is that there are many flaws in the current economic situation and eventually bandaids will run out. One cannot escape cause and effect.

In such a scenario, all stocks with exposure to precious metals would do very well. As for sybella speculation , it seems the market wants to see tonnage which I expect management will be moving fast on now, as you've all eloquently pointed out.

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Lots of work there Giovanni33 and very interesting reading. Appreciate your time and effort. Many thanks.

Kip

RDM Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 11.5¢		Change 0.005(4.55%)		Mkt cap ! $34.46M

Open	High	Low	Value	Volume
11.0¢	11.5¢	11.0¢	$41.92K	380.9K

Buyers (Bids)

No.	Vol.	Price($)
3	128022	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	356781	2

View Market Depth

No.	Vol.	Price($)
2	28022	0.110
6	342766	0.105
12	507740	0.100
1	100000	0.099
2	35000	0.098

Price($)	Vol.	No.
0.115	356781	2
0.120	145200	2
0.125	41666	1
0.130	11284	1
0.135	157518	4

Last trade - 16.10pm 27/09/2024 (20 minute delay)

RDM (ASX) Chart

Lots of work there Giovanni33 and very interesting reading....

The market's shrugged at China's stimulus measures all year. Why is this one different?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ACCC seeks Olam divestments before it can buy Namoi Cotton

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The winners & losers on market if negative gearing were gone

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Lots of work there Giovanni33 and very interesting reading....

Top Stories

The market's shrugged at China's stimulus measures all year. Why is this one different?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ACCC seeks Olam divestments before it can buy Namoi Cotton

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The winners & losers on market if negative gearing were gone

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News