??Not trying to pour cold water on RBM, because it is a good...

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Not trying to pour cold water on RBM, because it is a good entry to high grade copper exploration results, but some thoughts after reading a few releases;

They seem to have been 12 months from production for the last 3 years.

Most of these holes quoted are infill on a 10m*10m grid.

The resource is shallow and high grade oxide but small, not sure if the planned operation is enough to reach critical mass. The upside here is if RBM can locate further high grade oxide deposits to reach say >10ktpa of copper.

Major shareholder taking up rights issue is a good sign.