RMX 0.00% 0.1¢ red mountain mining limited

Just looking at the cash costs for other gold companies, this...

  1. 2,476 Posts.
    lightbulb Created with Sketch. 54
    Just looking at the cash costs for other gold companies, this one is really at the lower end of the scale, which is a huge positive. If they can dig it out at the indicated price, and the gold price, fingers crossed, stays at current or higher levels with a payback in a year, then why would anyone complain? If anything, the risk for investors for this company has SUBSTANTIALLY subsided. Any +ve drill result added is just a bonus.

    The movement in SP today was measured and perhaps the start of the new trend upswing.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.