RDM 3.33% 15.5¢ red metal limited

MMA has an Enterprise value of approx $30.226 M. RDM owns 52.5%...

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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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15.5¢
Change
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Mkt cap ! $46.42M
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15.0¢ 15.5¢ 14.8¢ $14.65K 96.7K

Buyers (Bids)

No. Vol. Price($)
1 56333 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 44838 1
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Last trade - 15.32pm 28/06/2024 (20 minute delay) ?
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