RE: RE: RE: RM ads appearing on AAA BB>>>I agree that RM's SP won't go anywhere without some meaty development.<<<
The share price also will rise when the lithium sector comes back in favor. Most of the lithium stocks are way off their January highs.
Mining share prices seem to follow a general pattern.There is a jump in price from Discovery to Delineation phase. During the current Rodinia Delineation phase we can expect the stock price to fluctuate up and down. Then comes the Permitting phase in which share holders lose interest and the share price can decline. Next comes the Construction phase when the share price rises gradually. Finally, there is a jump in price when the Production phase begins.
The RM presentation doesn't give timelines for permitting, construction, and production. Therefore, I am guessing that first lithium sales will be in 2015. I am debating whether to buy more shares now at this low price or hold off until after construction financing (equity dilution) is completed.