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4.35% 2.2¢ resource mining corporation limited

$5M MC, Resource 125Mt @ 1.06% Ni & 0.7% Co, page-76

  1. wingedwarrior
    6,474 Posts.
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    06/11/17
    17:11
    Post #: 28544823
    Don't omit the mushrooming global demand due to the present EV revolution and its lithium-ion battery manufacture where both cobalt and nickel are used. Chinese/Koreans worried about price rises already & some keen to establish off-take agreements. Maybe RMI has fluked a winner like some of my Ni/Au juniors have? Trees & a few other LTers might need to open their bottom drawers if it gets to double figures?
    RMI Price at posting: 4.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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