I am in for the long haul on RMI, not trading it. I think 12 months down the track it is very likely to be more than 30c, if not 40-50c and those with patience will have been rewarded.
Yes they are making slow progress. Yes they are short of cash. But both these issues can be addressed and are being addressed.
But within 12 months they will have firmed up a much larger resource than 120 MT at 1.2%, and there will be an agreement or a JV with a larger company or Chinese interests.
This is my opinion. DYOR
main focus not on samples, page-15
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