RMI 0.00% 1.6¢ resource mining corporation limited

stagnated..?, page-12

  1. 18,150 Posts.
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    Smity

    I think that any possible suitor of RMI would know of the feasibility study and would not be a minor player.

    Why would a major company want a joint venture with RMI?

    The current valuation of WOWO was based on the current JORC resource and nickel @ 19,600 if I recall correctly. The nickel price is 10+% higher at the moment.

    Any major company interested in RMI would have the expertise to know exactly what WOWO is all about. These companies have staff who's function it is to assess possible new projects.

    We have to remember it's only recently that the lease was renewed.

    Mate, I think RMI is just so cheap at the moment.

    Time will tell.

    PS: St George for the premiership.

 
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