I had read the main article before (several times) but gosh, this is the first time I have read the brokers report. Thanks for posting. $100 million profit a year if all goes to plan. Gosh!. Half that would be enormous.
No wonder the RHM trading has been a bit strange lately. No sellers, lots of buyers but nothing much happening.
I had sold out a couple of months ago when I was very broke, but bought back some a week and a half ago. The BV results seemed very good, and it was one of the cheapest entries into the Degrussa Copper Rush. But the iron seems a lot better than anything they are likely to find at the Naracoota drilling. Maybe they should focus their money and time and grab that $100m a year as quick as they can.
Bit shocked really.
Saltbus
RHM Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
