RDM 3.13% 16.5¢ red metal limited

its coming..... wasn't a bad announcement cash hound. 1. RDM are...

  1. 399 Posts.
    lightbulb Created with Sketch. 52
    its coming.....

    wasn't a bad announcement cash hound.

    1. RDM are in talks with many companies around a JV for Maronan. It just hasn't been announced / decided yet. We wait.

    2. Drilling will start in August in Irindina.

    3. Maronan is defined by a JORC 2012 compliant Inferred Resource of 30.75Mt @ 6.5% lead, 106g/t silver (using a 3% lead cut-off grade) and 11Mt @ 1.6% copper and 0.8g/t gold (using a 1.0% copper cut-off grade). This equates to about 2Mt of lead metal, 104.9Moz of silver plus 170,000t of copper and 300,000oz of gold. The deposit remains open down plunge.

    its a waiting game at the moment. Hopefully a decision regarding Maronan gets made next month when we start drilling in Irindina so August looks like an exciting month!
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.005(3.13%)
Mkt cap ! $49.41M
Open High Low Value Volume
16.0¢ 16.5¢ 16.0¢ $17.75K 109.9K

Buyers (Bids)

No. Vol. Price($)
3 78908 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 169099 3
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.