RMI resource mining corporation limited

Ann: Notification of Grant of Extension of Term - Tenement EL1165, page-4

  1. 285 Posts.
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    Interesting to see that AVQ has signed an off-take and financing package for a low-capex DSO operation at its deposit in the Solomon Islands. Closer to the coast for shipping purposes, but lower grade and much smaller than Wowo Gap from memory.

    Maybe someone should let WD know - his main activity (going by the quarterlies) seems to be 'market research' without ever doing anything with it. Not a bad gig to get paid $100/hour to not produce anything meaningful - 1021 hours worked in 2018 equates to 20 hours of 'research'/week. Though of course, he hasn't actually been paid anything since 2015, in the process racking up a $344k bill that remains outstanding.

    At the end of the last FY, Sinom or related parties (ZC) now appears to own 138m shares (approx. 46%) plus and is also owed ~$2.3m in outstanding loans which continue to accrue. Vs a market cap of ~$2m. This one's cooked I'm afraid, only thing remaining to be done is the transfer of Wowo Gap to Sinom.
 
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Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $13.22M
Open High Low Value Volume
1.9¢ 2.0¢ 1.8¢ $4.425K 238.6K

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No. Vol. Price($)
2 49251 1.8¢
 

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Price($) Vol. No.
2.0¢ 68248 1
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Last trade - 14.51pm 20/06/2025 (20 minute delay) ?
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