Hey Slammer/ MrQ,
Our communication centred upon tonnage potential and interest in developing the project by themselves. Rob couldn't comment on tonnage potential in terms of the JORC code, but gave me some guidance on how to make a rough calculation given the info in the latest announcement. I have some formulas, but readily admit that I have less than zero confidence in using them. Perhaps, Crimson Carp, Onceover, Happy Cats or any other posters with geo expertise (who read this message) could kindly help out.
No discussion whatsoever on future financing - simply my assumption given their current cash position.
Cheers,
Deme
potentially mineable project, page-4
Add RDM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $37.45M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $16.57K | 131.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10374 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 123414 | 3 |
View Market Depth
| Last trade - 15.36pm 23/08/2024 (20 minute delay) ? |
| RDM (ASX) Chart |