rmi - past, present and future, page-24

"So at the current valuation for WOW0 160mill

1.6 Bill shares equates to 0.1cents per share, so as mentioned before by young trader (from memory) still not even at curent asset valuation."

i think you meant $0.10 per share dont you trees. i reckon confidence in Wowo will bring it closer to that sp. current sp is not even 10% of the current valuation (even w/o developing) of Wowo itself.

i would like to enquire if anyone knows of any other company listed on the ASX which has a world class resource and yet such undervalued market cap?

current mc @ 11million with 2million cash on hand. just a qns, IF Wowo alone were to be sold, the amount would be at least 2 times the current market capital wouldnt it??

i can understand why it was low beginning this year, it was becos of the risk that the PNG gov may not renew the lease @ Wowo for RMI. but now, with that risk removed (as the renewal came along)!

market has only just started to re-rate RMI accordingly. definitely more to come esp with the busy drilling program slated to begin this month.

thanks luvsfootie for the earlier posts too!!