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0.00% 0.6¢ redstone resources limited

Last quarterly said sampling had commenced in Brazil, by jv...

  1. leinad
    724 Posts.
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    27/07/10
    11:24
    Post #: 6947277
    Last quarterly said sampling had commenced in Brazil, by jv partner MBAC, for phosphate and potash.

    Maybe there are some results due on this.

    MBAC had to spend US$6mil over 4 years as part of their farmin requirements, to earn a further 40%. They then could take the whole project, on delivery of a BFS, for US$15mill or 1.5 million shares,(whichever RDS choose)
    RDS Price at posting: 24.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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