RML resolution minerals ltd

It's not such an exciting / appealing stock given their next...

  1. 3,906 Posts.
    lightbulb Created with Sketch. 683
    It's not such an exciting / appealing stock given their next drill holes are going to be based around a single drill hole which found no gold earlier in the year, plus drilling is only planned to resume in early Nov (assuming no further delays - company has not updated us for some time and had not yet secured the drilling contractor per their last announcement) so I would say assays for those drill holes will be received Jan/Feb 2021, given the Christmas break. Possibly at least 12 weeks from now. Happy to be proven wrong. Visuals from the drill cores won't be released prior, or if they are, the company has already proven that good visuals in this type of terrain are not indicative of gold contained within. My sentiment is buy if you have a deeper knowledge of the potential here and the relatively low market cap, but I share others sentiment here that they really need to find something good soon. Hopefully the quarterly will give us some hints and I'll be scrutinizing some of the figures in the cash flow also.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.5¢
Change
0.003(7.14%)
Mkt cap ! $24.22M
Open High Low Value Volume
4.3¢ 4.6¢ 3.7¢ $1.037M 25.08M

Buyers (Bids)

No. Vol. Price($)
1 200000 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 885893 4
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
RML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.