RMI 0.00% 1.5¢ resource mining corporation limited

rmi way oversold, page-20

  1. 713 Posts.
    so pedro, when do u stump up and re enter rmi? or have you booked your chunky profits and are moving on? Either way, you did well it seems. So congrats.

    Its a tiny market cap, for assets that seem to offer a lot of promise. Delays in things like drilling and assaying are a fact of life these days. Just means that new metal production gets delayed and prices of metal can stay higher for longer. Not an entirely negative outcome surely?.

    If (yes, if) RMI does have a reasonable quality resource of near surface nickel, it shud be valuable, for as we know, the deeper nickel orebodies are depleting and becoming higher cost. Is Wowo worth more than $31m? From what i read on this site i believe yes, but i can't give a technical opinion on it. Anyone else have a view??

    Its times like these that bargains are often had. RMI probably never deserved to rally so hard, so quickly, but on the flip side its probably been hit a bit harder than it shud too.

    Disclosure: Goldilocks99 has an economic interest in rmi shares. Never a recommendation, only ever observation. Always do your own research ALWAYS.


 
watchlist Created with Sketch. Add RMI (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $9.785M
Open High Low Value Volume
1.5¢ 1.5¢ 1.5¢ $0 3

Buyers (Bids)

No. Vol. Price($)
3 13022 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 233750 2
View Market Depth
Last trade - 10.06am 16/08/2024 (20 minute delay) ?
RMI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.