re: Ann: Presentation - Creating a New Genera... agree RDM is compelling.. caveat is that they HAVE to hit it otherwise their model and the pump that is on now gets popped..
at 800-1200m depth the model looks the goods but anyone will tell you that drilling to that depth is difficult at the best of times let alone aiming for 'the' ore body..
OZ minerals paid over US$250M for Carrapeteena and that starts 500m below the surface.. the ore body in situ is probably worth 25 time that..
will RDM release visuals or comment on intersections before lab results? with the pump so far it wouldn't surprise me but definately set for a huge couple of months either way..
both IVR and RDM speculative buy indeed..
Ann: Presentation - Creating a New Generation of , page-14
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