"...RBM www.redbankmines.com.au may be worth some research because there has been a lot of interest shown it by Crawley Investments =(Micheal Kiernan)..."
Not so sure anyone should be investing in anything MK touches...URA, MON, TTY, OLY and IRL have been devastated by his involvement with them.
My pick....hard to go past EQN....for the following reasons.
- Production of 170,000 tonnes Cu per year
- 30+ years mine life
- Cost of production $1.15/lb, and expected to fall as Lumwana becomes fully operational
- hedging contracts in place for 124,585 tonnes over next three years at $2.65/lb, which alone are worth US$243M profit at current prices
- Future uranium producer, with Feasibility study completed and 15 million pound resource delineated and growing
- Management that have delivered on time and budget, and have consistently met all expectations
- and IMO, highly likely to be targeted by a predator in the future.
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