summary of what we know

Time to do a refresher course given there are few newbies to this stock.

1. World class Molybdenum deposit known as Toli Toli.
2. Located on the Central West Coast Sulamesi, Indonesia.
3. Discovery made in 1970's by Rio.
4. Santos farmed-in 1980.
5. Resource was calculated at [email protected]%Mo (after
adjusting for known assay errors)
6. Rio held the opinion that it would easily exceed 200Mt
at the same grade.
7. The average grade of Toli Toli is the equal third
highest grade in the world and is double the grade of
Moly Metals (ASX:MOL) deposit.
8. The jewel in the crown is Toli Toli's rare ultra high
grade core of 55Mt @ 0.19%M. Only two other projects in
the world has grade that can match this. Its enough to
last the first 7 years of production.
9. The project will be mostly open pit, will be able to
generate power (1/3 of operating costs) from hydro and
is close to natural harbour.
10.EBITDA for project at current Mo price would be about
$US850Million per year.
11.Value of metal in ground is $9Billion at 100Mt and
$18Billion for $200Mt.
12.Deposit may contain Rhenium as well which wasn't able to
be assayed back in 1980 due to lack of technology.
Rhenium comes only from Moly despoits and sells for an
astounding $US10,000 lb and if its in this deposit would
add several hundred million to its value.
13.Strong support from Sulawesi government (they were down
in Perth last week to visit company).
14.RCH is actively looking for a early JV deal - Likely
suspects are Japanese steel mill (maybe Nippon)
15.Moly use is exploding and the price has climbed from $US3
to $US34lb over past 7 years. Its called the metal of the
21st century. Its now becoming a strategic metal so much
so that the Chinese (worlds second biggest producers)
have recently restricted exports and impossed a tarrif
on it to deter exports.
16.We know there is a big buyer in market looking to buy
$10M worth of stock (strong rumour that is).
17.With a $90M fully diluted market cap, its is
rediculously cheep.

Simply, it must go up