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.
In these, rising Ag, Cu, times yes the RDM share price should be...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.93M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $45.79K | 316.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29999 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 197500 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
14.5¢ |
Change
0.000 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 15.0¢ | 14.5¢ | 74088 | ||
| Last updated 15.41pm 14/06/2024 ? | |||||
| RDM (ASX) Chart |