RMX 0.00% 0.1¢ red mountain mining limited

Ann: Company Update, page-60

  1. 1,506 Posts.
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    Solid ann. It is pretty much exactly what i was expecting from the next ann, though would have been nice to have permits approved. The anticipated "coming weeks" will be a best case scenario assuming the regulator has no questions re the permit application.

    My only slight concern is the language use around the land parcels. "Swarm" suggest non-continuous parcels in proximity to each other. Also we were not provided a plan of the staked areas. This is usually something a coy loves to spruik.

    For the above reasons this one doesnt yet quite fit my risk profile, but will be keeping a close eye on it.
 
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