so Crim, who was buying today as there are zillions of shares on...

First 26 Last

Share
Profile

Follow
whatsup

11,505 Posts.

336

28/04/16

16:29

Post #: 17623007
Share

Originally posted by Crimsoncarp ↑

I'll fill you in guys.

They are drilling 7 km along strike from BUX's double magic prospect, in what appear to be the same host rocks where the firm has several strong anomalies. The strongest of which is 9000-12000 Siemens. BUX's intersects came from a conductor which ran 15000 Simens but unfortunately was only 15 by 40 meters meaning that even with the nice grades (approximately 2% Ni, 1% Cu) the limited size made it completely uneconomic.

Now should RMR's interpretation be correct and they get similar grades in something much larger applying a width of 17.5 m (as per BUX) ,a density of 3.7 g/cm2 and the conductor dimensions of 250*350 m as per their announcements a back of the envelope gives you a 5.66 millon tonne orebody running 2% Ni and 1%Cu. off that single conductor.

That's the appeal of the firm ATM.

And if they are wrong its probably the last we will hear of them.

Please DYOR and GLTA

Expand

so Crim, who was buying today as there are zillions of shares on issue not forgetting the oppies as well, someone knows something, this surely is not mad money buying, when did u say drilling started, has there been inside news from the coal face ?

RMR Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

PIQ

Proteomics notches up as company launches PromarkerD into the US

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

First 26 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

so Crim, who was buying today as there are zillions of shares on...

Top Stories

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Proteomics notches up as company launches PromarkerD into the US

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Novo flags antimony and gold in the Pilbara – but does it need to step back?

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Featured News