I posted a hint about RLC's other asstes the other day. I didn't intend to follow up on it so soon but due to their announcement today regarding the Cliffs JV I thought I might as well post the info.
The other company I was referring to with similar assets was MAU with their iron ore assets in the South West. They generally have a market cap of around 10x RLC. This new JV for RLC make the comparison a little less direct.
Here is an image from the blog update
Vautex Blog
I posted a hint about RLC's other asstes the other day. I didn't...
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Mkt cap ! $1.858M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $578 | 192.7K |
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| No. | Vol. | Price($) |
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|---|---|---|
| 0.4¢ | 1367019 | 10 |
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