RFR rafaella resources ltd.

With Nickel and Copper prices currently sitting at 12 year highs...

  1. 720 Posts.
    lightbulb Created with Sketch. 523
    With Nickel and Copper prices currently sitting at 12 year highs and only looking to go higher in the near term, unless we were to get a significant amount for the project I think we would be shooting ourselves in the foot tbh. Nickel is in major short supply atm and it’s only getting worse as the EV revolution gets bigger. There has been very little significant nickel discoveries in the last 10 years and even less new mines coming online. Our best bet would either be to drill the project out ourselves or try to get a JV partner on the project that would pay for all expenses and workings and allow us to have a free carried position.. You’re right though in saying that this deposit alone is worth we’ll north of 15mil IMO. RFR MC is laughable and frustrating to say the least….

    https://hotcopper.com.au/data/attachments/4004/4004940-f09c782bd89b72f05f3c80cc77794203.jpg
    Last edited by Nodollars: 20/01/22
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.