Great post mileraFC,
Its interesting that from the early Archer Exploration days and the drilling of Campoona; that we actually stopped drilling as we had enough to good results to establish a resource....!!!
They were always very confident that the resource was much bigger than that what was drilled and chose to save their $$$ as we had no off take at the time plus people been bitten by the company down the road that went in to administration...
RNU where also starting to make a presence in the area and continued on as Archer changed focus...
RNU have a market cap of:
As of today on the CommSec web site....
ITM as of today has a market Cap of;
Thats 16X differance - now Im not saying that ITM are equal to RNU but ITM through the works of Archer Materials is much more advanced than people understand and even at 50% discount to RNU SP would put ITM at $3.12 or at worst a 75% discount = $1.56...
Lets see how Mike moves this boat forward now we have great updates on both fronts....!
