RDM 3.45% 14.0¢ red metal limited

Red Metal Banter, page-8

  1. 258 Posts.
    lightbulb Created with Sketch. 174
    MRD - 2 years 1 month from REE discovery to releasing leaching met results.

    https://hotcopper.com.au/data/attachments/5666/5666380-98aa96d66db98031ac6ff2f5a6f9011f.jpg
    RDM - currently 2 months since discovery at Sybella, you'd hope they can be a tad quicker than MRD on the met tongue.png

    Other Aussie REE clay explorers for comparison (from initial discovery drill assays to releasing leaching met)
    - OD6 - Nov 22 - April 23 = 5 months
    - HRE - Oct 22 - July 23 = 9 months
    - VTM - Jul 22 - May 23 = 9 months
    - GRL - Aug 22 - Apr 23 = 8 months
    - VSR - Jan 23 - June 23 = 5 months
    - ASR - Mar 23 - Ongoing = >7 months

    So T2, your 6 months estimate is potentially a bit optimistic given the track record of these explorers!
    Last edited by CORNBRED: 19/10/23
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
-0.005(3.45%)
Mkt cap ! $41.92M
Open High Low Value Volume
14.5¢ 14.5¢ 14.0¢ $25.08K 175.8K

Buyers (Bids)

No. Vol. Price($)
3 26299 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 89412 4
View Market Depth
Last trade - 13.07pm 12/06/2024 (20 minute delay) ?
Last
14.0¢
  Change
-0.005 ( 6.67 %)
Open High Low Volume
14.5¢ 14.5¢ 14.0¢ 80347
Last updated 13.36pm 12/06/2024 ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.