Ann: Maiden Trial MREC Product From Sybella REO Ore, page-48

I am sure there will be interim reports coming in for the drilling and metallurgy every month or so that will give an indication on the final results. Given some of the charts in previous announcements one can be more than than a 50:50 chance this will go through all the way, (I suspect the drilling will give a MRE of 2 billion tonnes plus for just the top 60 metres of drilling and the ph3+ will have a 60-70%+ extraction rate, and if minimal crushing needed the costs could be around the US$10/tonne.

I see it as a better than 50:50 chance. If Sybella fails it will fall far less than the 10x+ bagger it could become. And who knows what the drilling at Patersons will come up with. Is it a 100 to 1 shot to find another Havieron. If does the return is massive, but is i it included in the share price ? I don't think so. As such I am heavily invested into it now.

Fingers crossed all goes to plan and the news shocks the market in the coming months and all RDM shareholders reap the benefits. There are times I think that the market is not efficient at all and it doesn't look at the odds at all. Such was the case with Indiana resources. They have one their case against Tanzania and now a settlement will be released soon. The price should double. Their legal team has a 95 % success rate in such cases!! Who would't place a bet on heads if it came up 95% of the time and they could double their money? It's insane not to.

As I said the market is not always efficient, the mathematical probability and expectation can be all wrong, but you have to look hard to find the big inefficiencies that's where the big money is to be found. Not always successful but enough times to be very lucrative. If it was that efficient no investor would make big money in the long run. Just my theory anyway.