So let us say hypothetically that their target of 5-15MT yields 10MT at 6% Zn. That would give us 600000T of Zn. Current price around US$2400/MT that would mean an initial resource worth $1.44 Billion USD. If after production costs Capex Opex etc RMG was to receive 30% of that resource its still worth $432million to RMG and its current market cap is $16million. I think there is a lot of upside potential here!!!!!!!!!!
RMG Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held