RMI 0.00% 1.9¢ resource mining corporation limited

here,s the scoop crew :)$$, page-24

  1. 43,671 Posts.
    lightbulb Created with Sketch. 92
    If the renewal is finalised then cool!

    Just had another read of the WOWO Gap report and I do like this statement:

    "The surface area of the exploration target is 10sqkm and a laterite (limonite+saprolite) thickness of 7m (1.5t/m3 insitu bulk density) has been assumed to generate the exploration target (The average thickness of the current 200Mt resource is 10m).

    There is also potential for

    further Ni laterite

    mineralisation along strike to the north of the current resource area, which remains largely untested.
    "

    So if production begins there appears to be a chance of more resource and perhaps a longer mine life. Now that would be cool for shareholders.
 
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