RDM 0.00% 16.5¢ red metal limited

Red Metal Banter, page-375

  1. 13,411 Posts.
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    MMA has an Enterprise value of approx $30.226 M. RDM owns 52.5% of MMA. The market is pricing that at $15.87M.

    The Market is pricing RDM (Enterprise Value) at $41.196. That means that the market is pricing RDM's other interests, principally Sybella at $25.33M.

    REE pricing is declining, but I note that the financial models presented by the Guru's here rely on very low historic prices for the REE (less than 50% of today's prices) and because of the shallow mining and cheap processing Sybella would be a standout in a tough market as well as a great one.

    Do people think the value attributable to Sybella will hold? Will it increase? Thoughts?

    https://hotcopper.com.au/data/attachments/6009/6009235-a70c9e54c7baa5871cd451efe5674e7c.jpg
 
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16.0¢ 16.5¢ 16.0¢ $24.36K 148.2K

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No. Vol. Price($)
2 52332 16.0¢
 

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Price($) Vol. No.
17.0¢ 62922 2
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