RMI 0.00% 2.1¢ resource mining corporation limited

rmi - past, present and future, page-14

  1. 18,150 Posts.
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    Trees said.......

    "On another note,

    I wonder what is the possiblities of a take-over/buy out by the major shareholder or other party?"

    Mate, this is the possibility that is taxing my brain.

    As I see it RMI don't have the funds to progress this project much further. They will probably be focusing on upgrading the resource which is a way of increasing the valuation of the project. If the price of nickel continues to climb this of course adds to the valuation.

    For those buying shares at todays prices, they stand to enjoy huge gains going forward IMO.

    May I say.........It's a pleasure to post on the RMI thread as I find that those posting here are very constructive and we all benefit from that.

    Cheers
 
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