Oh, and gents,
here is the link to the Patersons document and recommendation
like YT; Patersons value RMI's interest in the the RDS Joint Venture at 9 CENTS PER SHARE ALONE
AND THIS PROJECT IS ONLY A SECONDARY FOCUS TO THE PRIMARY WOWO PROJECT
SO at these levels, WOWO AND THE IRON ORE PROJECT - ARGYLE [17mn tonnes @55%FE) - ARE ATTRIBUTED NIL VALUE
BUT THIS OBVIOUSLY WONT LAST FOREVER.......................
http://www.resmin.com.au/images/documents/PatersonsAReShapingUnderway.pdf
....all you need to know....12 cents 2 wks...., page-2
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