to firsova: i guess what u said is right that RMI has no...

to firsova: i guess what u said is right that RMI has no revenue. but alot of companies on the ASX are just like this too. it depends on the value/potential of the individual companies' assets.

in this case we are referring mainly to Wowo gap tenement in the png. but with this kind of projects it is essential to come out with a plan and cashed backed partner to co-develop this sort of assets. According to the previous Qtrly, RMI's seeking interest from several parties. Assuming an agreement is struck, RMI's sp will be multiples of what it is today (that is the reward)

there has certainly been more interest in RMI recently and imo and strangely enough, the increased in volume coincided with the Diggers and Dealers mining forum this year. The delegation is made up of mining and exploration companies, brokers, bankers, investors, financiers and mining service industries. A 40-strong media contingent ensures that the proceedings of the Forum are widely reported.

just prolly someone mention something to someone there. or merely just a coincidence.

this from AFR (http://beta.afr.com/tags?tag=C_RESOURCE%20MINING%20CORPORATION%20LIMITED-RMI)

Speeding tickets for diggers
The ASX has issued seven mining companies with price queries over the past 48 hours, reaffirming the annual Diggers and Dealers mining forum as the resources conference of the year.



Anyways, good volume since last wednesday and it looks like RMI could be breaking away from its downtrend since mid october of last year.