RMX 0.00% 0.1¢ red mountain mining limited

Hi all, From the current drilling I'm expecting results from...

  1. 494 Posts.
    lightbulb Created with Sketch. 31
    Hi all,

    From the current drilling I'm expecting results from analysis of the brine samples taken and nothing more. Any further information would be a bonus - they have not, to my knowledge, stated they are testing flow rates or aquifer thickness. Its a drill with samples being taken - They're not spudding it.

    Perhaps after the drill campaign is completed that will have enough data to estimate aquifer size - but I don't think so - not from 3 holes. They could say from 150m - 175m we returned brine with Li of 250mg - but the work that goes into estimating aquifer size is a whole different process.

    IMO - first - establish if there's Li there in commercial quantities.
    Next - spend the $$ the prove up the resource size, quality, consistency, flow rates.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.