is rmr next sir?, page-21

Hi fozzieb,

ENT sitting at a much advanced situation of course, but with the SP soar 400% so far, the risk is also significantly increased at current trading level.

Honestly, ENT hasnot confirmed anything substantial yet, just a good example to see how market will rerate a stock in Fraser Range with exploration for Ni.

I remember from the broker's point of view, the key factor is the mafic/ultramafic bedrock has been confirmed within RMR's region. ENT's drilling also verified the importance of mafic/ultramafic bedrock existence. Which is positive for RMR as well.

Regarding the EM results, thanks to the completed worked done so far by RMR, it's quite hard to get disappointed results you know. Should be more promising conductors been detected during the EM program.

20km to Nova and nearly next to west Nova, Ni existence has been confirmed, (up to 116ppm Ni which is very close to NOVA's initial EM results), west Nova is now marked as a "prospect" as well.

so far: mafic/ultramafic looks like the signal of Ni discovery at early stage. If RMR can report very positive EM results, SP could fly like ENT, up 400% into 3c range.

Anyway, I still think the SP will be well above 1.5c when drilling kicks off.