BRB 0.00% 47.5¢ breaker resources nl

I admit to being too lazy to check the GP back then ....touche...

  1. 36,506 Posts.
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    I admit to being too lazy to check the GP back then ....touche !

    Lake Roe is structurally complex and I suppose a bit of a punt on the GP .
    Some good portion of the current resource is not mineable at current GP .
    The market at present has knocked RMS down 1c when all other producers are averaging 8% or so today so that's their judgement .

    But overall am inclined to agree with you mostly because of the exploration upside at Lake Roe that RMS are trying and likely succeeding getting it cheap .
    I did raise BRB with MZ after a meeting a year + back and he was downplaying back then .

    You may be interested that I raised the possibility of using renewables( for powering ),into the future and MZ did talk about that real possibility at Lake Rebecca .

    Good luck to you , hope the GP continues to move higher except not at the cost of a banking meltdown .
 
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