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Riedel soars on FMG farm-in deal

Shares in West Perth explorer Riedel Resources have skyrocketed after Fortescue Metals Group agreed to farm-in to its Charteris Creek tenement in a deal worth up to $1 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
13thDrake Resources900%-64%
22ndRiedel Resources454%41%
68thGreat Southern Mining167%13%
796thAlicanto Minerals-68%-16%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/12/17
$80k Bought
29/08/17
$24k Bought
28/08/17
$28k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

134th↓Riedel Resources$663k
168th↑Great Southern Mining$314k
169th↑Drake Resources$309k
172nd↑Kore Potash$295k
173rd↑Alicanto Minerals$292k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Riedel Resources

530thJeffrey Moore$233k
Ranked by total remuneration from all listed WA companies

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