rmi trading @ just 5% of independent valuation, page-15

Hey mate just a dabble worth holding to bfs a lot to gain for a months hold. Hardly anything in the asx with 10 mil mc with jorc resource so close and as valuable as time gets closer I expect it to range up. With the cost of the start up am sure RMI management will/ would have been on the look out for a JV. A few mentioned BAO steel. Chinese aren't stupid they can get in for peanuts lend the money and take most of the profits. RMI should do well, most companies with a JORC resource this size are 70mil plus once it has a partner and money 100 mil plus. A lot of ifs and buts with license but nothing to worry about at these levels. WIthout pumping it interesting to see
SP in one months time am pretty sure 2 cents 20 mil mc will be an easy step good luck everyone.