$US35,635/tonne spot X 120 million tonne may give you some idea of the value, but then we need to fully know the grade and of course the extraction price, lets just say at this stage it is very large, very large indeed.
I don't expect a share price of 5.3cents to stay around for too much longer, we should expect to see it double or triple over coming weeks/months
When we get this announcement of a chinese steel mill joint venture, RMI will sky-rocket as it will secure the funds needed to extract it.
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2 | 3100000 | 0.009 |
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3 | 1385850 | 0.006 |
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