RDM 6.45% 16.5¢ red metal limited

In these, rising Ag, Cu, times yes the RDM share price should be...

  1. 524 Posts.
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    In these, rising Ag, Cu, times yes the RDM share price should be more.
    Unfortunately RDM management seem to have little inclination to advertise or develop what they have at Maronan.
    0.8Mt @ 6.5% lead with 106g/t silver (using a 3% lead cut-off grade)
    11Mt @ 1.6% copper with 0.8g/t gold
    No drilling there for years.
    Little in the way of feasibility studies. To quote the RDM website
    "The Maronan lead-silver and copper-gold project is a large base metal deposit that Scoping Studies suggest is worthy of full Feasibility Study evaluation."
    They seem to be waiting for someone who knows what they are doing to buy it off them??
    As long term holder it is all frustrating.
 
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Last
16.5¢
Change
0.010(6.45%)
Mkt cap ! $49.39M
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16.0¢ 17.0¢ 16.0¢ $56.86K 341.7K

Buyers (Bids)

No. Vol. Price($)
2 56250 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 42700 3
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Last trade - 15.26pm 30/04/2024 (20 minute delay) ?
Last
16.5¢
  Change
0.010 ( 3.38 %)
Open High Low Volume
15.8¢ 16.5¢ 15.8¢ 136274
Last updated 15.26pm 30/04/2024 ?
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