Thankyou for your response & your view of the business and how its progressing.
Cash Burn Rate is always a concern & from what you have provided it does look like RIM will be running thin soon.
One of the reasons which I chose to invest in RIM is because of the opportunity of a JV proposition. This was mentioned as a possibility in a recent announcement.
Many projects around australia which hold serious mineral resources are finding that JV opportunities are becoming more prevalent. Perhaps for RIM??
Either way I seriously like the look of Sorpresa and the surrounding prospects.
Look forward to some news on the current drilling campaign.
Geko
RIM Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
(20min delay)