NTM 0.00% 0.6¢ nt minerals limited

just like mon, page-12

  1. 5,704 Posts.
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    Moly, very sad to see you still hold RBM.

    My brother, its current net asset is less than 0.002c per share.

    Even if RCP can sell its 70000t copper metal to the market tomorrow, minus all the costs, it can still get only 2c-5c per share back. which is already the best result.

    If RCP produce just 5000t copper metal, I really cannot see any profits. Its debt can kill it any time, 1 billion shares, 2 billion shares,.......

    High grade but quite small and discrete project, huge risk! forget it mate.
 
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