RDM 6.90% 15.5¢ red metal limited

Red Metal Banter, page-270

  1. 7,847 Posts.
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    A "really big" proven resource as you suggest - say 20-30 plus years mine life, is perfectly adequate and sounds ideal. TOO big almost spoils it(!) and what's the point anyway. (unless you're trying to sell the business) In five/ten years time you might step it out to maintain the ongoing "30 years mine life" status situation. Cheaper to establish this now ... and quicker. If this continues as its going so far, this is a dream situation (stock) to be sitting in with not a negative aspect from what I can see.
    Last edited by Kipper01: 15/02/24
 
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