I was previously doing some numbers on the drilling and was thinking about 400 million tonnes as a minimum. That's what I used when I said it could go to $40 (using $3 per tonne and a final resource of 5 times what they've drilled to date- which must be ridiculously conservative).
On the numbers released today I am happy to say that I've underestimated the resource by some margin. Hoping I'm right!!!
- Forums
- ASX - By Stock
- RIV
- strong and bucking the trend again..
strong and bucking the trend again.., page-7
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online