XSO 1.23% 3,118.6 s&p/asx small ordinaries

RDM owns 50% of MMA. But it also owns other projects, the most...

  1. 13,427 Posts.
    lightbulb Created with Sketch. 2521
    RDM owns 50% of MMA. But it also owns other projects, the most significant of which is the Sybella REE project in Queensland. Sybella is a shallow easily mind with simple cheap extraction in a nearby plant in Mt Isa potentially. It is what seems to be a very large find, subject to quantification in a MRE. If you see the RDM HC threads on Sybella it could have very significant value indeed.

    If you look at RDM as a pure play on Maronan's Silver it looks expensive compared to MMA. But if you understand the rare earth project it is way way cheaper. That is hard to explain to people in a chart. I own more RDM because of Sybella, but others may prefer MMA for its pure silver/gold/copper exposure.

    Best V
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.