RDM 3.33% 15.5¢ red metal limited

I should add that because our resources are inferred, $'s can't...

  1. 926 Posts.
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    I should add that because our resources are inferred, $'s can't be associated with them but this caught my eye in the Qtrly:

    "Current commodity prices and exchange rates have been applied to the 2016 preliminary mine scoping study for Maronan to provide metal equivalence calculations. This has shown that the resource grade of 6.5% lead with 106g/t silver is equivalent to a lead grade of 12.2% or an equivalent copper grade of about 2.8%."

    A 2.8% Cu Equivalent grade is enormous, and given today, it's already outdated.
 
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