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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 31/01/18

1 year TSR5 year TSR
7thStrandline Resources2257%-27%
25thRiedel Resources631%7%
59thArtemis Resources256%-2%
79thAusquest200%-20%
709 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

132nd↓Antares Energy$683k
133rd↑Ausquest$678k
134th↓Riedel Resources$663k
135th↑Strandline Resources$651k
136th↑Artemis Resources$629k
499 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Riedel Resources

588thJeffrey Moore$233k
Ranked by total remuneration from all listed WA companies

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