RES 0.00% $4.61 resource generation limited

drill results & milestones, page-17

  1. 3,690 Posts.
    I agree totally with you AP although I would also welcome a larger resource because it may give a better chance to have greater economical mining opportunities. It also sits well with investors seeing a lower MC per tonne even though it is almost impossibly low at the moment.

    It is also instructive that companies with a much higher market capilisation such as Felix (35 times) and Centennial (20 times) only have about 3 times the resource. Therefore the total resource does not make the company.

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    As an aside look at the coalers comparison now. Many are starting to or will soon cross their downhill trendlines.

 
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