RDM 4.35% 11.0¢ red metal limited

in situ valuation, page-9

  1. 113 Posts.
    lightbulb Created with Sketch. 5
    Yeah i was just going to post that to the Mining and Geology forum but threw in the ticker symbol at the end.

    Bluesky, i guess it was the 5% of in situ value part you mentioned that i was after, just never knew how they decide that percentage value of the ore in ground.

    I have some experience in the infrastructure side of mining, so i have put in a capex figure on my 'back of envelope' calc.

    Basically want to decide my own target for the SP.
 
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