Havent been on top of RHM's development recently as i am on holiday, but i herd the words " excess of 400 million tonnes"
I dont know too much about the profits involvement with iron project, but lets say....a poor profit margin of 10 dollars per tonne! And lets say they only get 200 millionn tonnes!
Simple mathematics provide me with a figure of: $2,000,000,000
RHM Market Cap is 6-7Million.
Surely my calculations are incomplete.
Not to mention the premium Iron Horse Project.
Dont forget about the possible Gold foound in Narracoota
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