RDM 4.00% 13.0¢ red metal limited

Ann: Lawn Hill Zinc Project - Drilling to Start, page-40

  1. 3,610 Posts.
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    That's $US12B in the ground. Probably only half is mineable (but is open at depth).
    This small orebody not Tier 1, or probably even 2, but should be profitable as a 15 - 20 year mine one day.
    Needs tens of millions spent to get it going and and say 3 years to get it into production - no small ask (and risk) for a small to mid size ASX listed mining company.
 
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