RML resolution minerals ltd

Ann: Investor Presentation and Webinar, page-2

  1. 2,537 Posts.
    lightbulb Created with Sketch. 1742
    All in all, very positive.

    I think the next 8 months will be fairly quiet based on the promoted timelines.

    Yes, there are a couple of opportunities for a buzz in the near term, but nothing I could see as company defining.

    Benmara
    I think they are potentially cutting things fine with Benmara, with $250k payment or scrip equivalent due by 14/12/21 and results expected in November 21.

    Lots of companies are having issues getting results back on time.

    Finding ANYTHING would be extremely positive at this stage, but we will have to wait for the wet season to pass before we could go back in.

    Wollogorang
    We are now at the mercy of Oz Minerals, and unfortunately we don't really have any visibility as to their timelines, here's to hoping they are motivated and get the drill moving sooner rather than later, but again, we have a wet season to contend with, and at this stage, drilling and results due in about 12 months time.

    64 North
    Sunrise and Tourmaline have potential, but I don't believe they were as high a priority as East Pogo, but there is potential.

    Again, we have adverse weather to contend with with a hostile winter justifying a shutdown.

    Funding
    I saw Duncan dodge 2 questions about funding at the end of the presentation.

    Not much we can do about that, we know there has got to be about $1m left in the kitty by now, so cutting it fine.

    https://hotcopper.com.au/data/attachments/3553/3553296-8820003df967c85a16a4c6c0d345e41a.jpg


    Last edited by thecrabpest: 07/09/21
 
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Last
4.1¢
Change
-0.004(8.89%)
Mkt cap ! $22.06M
Open High Low Value Volume
4.4¢ 4.8¢ 4.0¢ $831.5K 19.41M

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No. Vol. Price($)
2 500000 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 209999 2
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