Fellows, apparently today isn't our day and is very very disappointing.
Red Valley is the core business of RMX and now it is full stop.
Cobalt still on the hook but near term can be something 6 months that over to next year, easily.
I guess the only upside is no further drilling, 3m cash in bank, pretty much run out/realised all the risks it can have.
So what now? they didn't reveal any strategic direction in their ann, the last thing I would want is to hear the management run away with that money.
Unlike others has been investing wisely, am very heavy on RMX so will have to hold it till Cobalt result at least.
GLTAH
What now
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