People keep mentioning how there's a wealth of information around chatsites on RRS. I've read them - all well and good - but I am an investor and not a recreational rock collector, I only care about the $$$ - that is, the profits. For all the expert analysis done on RRS I find it strange that little analysis has been done on the main things that matter - operating costs, revenue and capital costs.
RRS has a graded resource, and I believe there is enough information out there to make an educated guess as to what the costs per tonne of ore treated, plant and infrastructure costs, etc - and ultimately net profits after tax are going to be.
I don't have relevant technical and industry knowledge to make this educated guess and I'm not an RRS holder but I think at least for peace of mind RRS holders should look deeper into this. For RRS holders sake I hope it is actually economical to mine.
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
