Just keep the good news coming for RBM without having to do anything their cashflow and company worth is increasing, just wait till drilling begins.
Also with the high grade Mt Kasit Gold deposit drilling to begin shortly it is good to see the price of gold surging making the development of the project more likely.
Following taken from bloomberg
Shanghai Copper Rises Limit on Expectation of Demand From China
By Helen Yuan
Feb. 26 (Bloomberg) -- Copper futures in Shanghai rose the daily limit of 4 percent to the highest in seven weeks as trading resumed after the week-long Lunar New Year holiday amid speculation of increased demand from China, the world's biggest user of the metal.
Copper prices in London rose 8.5 percent to $6,306 a metric ton last week, the biggest weekly gain since July and New York prices had their largest increase since May as traders anticipated demand will increase when the Chinese market reopens and enters the peak annual consumption period.
``Almost every year Shanghai prices surge when buying resumes after the week-long New Year holiday. The peak season is coming for copper consumption in building,'' said Cai Luoyi, head of research at China International Futures (Shanghai) Co., by phone.
Copper for delivery in April on the Shanghai Futures Exchange rose 2,220 yuan to 57,720 yuan ($7,454) a ton, the highest since Jan. 4, after the market opened at 9:00 a.m. local time. The contract stayed at that level.
London prices may rise this week, according to a Bloomberg survey last week. Of the 25 people surveyed, 21 forecast gains, three expected a drop and one saw little change.
London Metal Exchange copper for delivery in three months rose 0.6 percent to $6,346 a ton at 9:48 a.m. Shanghai time
RBM
redbank mines limited
Just keep the good news coming for RBM without having to do...
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