RDM 3.23% 16.0¢ red metal limited

Sybella Benchmarking vs Peers, page-136

  1. 7,791 Posts.
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    Thanks BPP for that great analysis. I hadn't realized the relative grades differed to that extent, but are more than compensated for by Capex, Opex and other considerations. Also puts the RDM earnings profile in a very favourable light if the commodity price(s) becomes more elevated. Subject to further testing, expanding the known resource - both which which are directly ahead, and an ideal location, one would think the opportunity of a production start could be relatively speaking, "very soon" - all those things panning out.
    Great stuff. Thanks again for this terrific information BPP!
    Last edited by Kipper01: 19/03/24
 
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