Also taking into account the cost in business - in the companies I own and or a Director of Head and Sheds followed by transport are the 3 biggest costs outside of COGS. Mining I would say the same Heads (people) Sheds (the mine infrastructure) and transport.
If RR1 do hit something nice no matter what it is but in this case Niobium it would be able to offer a possible more cost effective alternative to the market due to the locale verse other Niobium explorers. The Port isn’t that far away so to speak.
All speculative but we need to drill and if we find it move rapidly to mine it so to speak. Get that corridor of supply filled as we can do it cheaper and or more profitable. Mine cost dependent of course.
RR1 Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)