RDM potential if grades are good from cuttent drill program:
Ref Fig 4 of RDM announcement 4/12/12
Upper BIF Potential Ore
600 * 400 * 10say *3.5t/m3 = 8.4mt
Lower BIF Potential Ore
600 * 600 * 10say * 3.5t/m3 = 12.6mt
Total = 21mt
12003b - 5.6% lead and 208 g/t Ag = approx 16% lead
21mt @16% Lead * $2000 = $6.7bn in ground value
Using 25% of $6.7bn gives a market cap of $1.68bn 0r sp of $12
- Forums
- ASX - By Stock
- RDM
- chomp chomp
chomp chomp, page-10
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RDM (ASX) to my watchlist
|
|||||
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.42M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 194182 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 49999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 194182 | 0.155 |
9 | 1536226 | 0.150 |
1 | 40000 | 0.145 |
2 | 12000 | 0.140 |
2 | 120000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 49999 | 1 |
0.165 | 42723 | 1 |
0.170 | 62922 | 2 |
0.175 | 25000 | 1 |
0.180 | 202000 | 4 |
Last trade - 09.40am 23/07/2024 (20 minute delay) ? |
Featured News
RDM (ASX) Chart |
Day chart unavailable