RMI
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7.14% 1.3¢ resource mining corporation limited

rmi way oversold, page-11

  1. touchingcloth
    3,815 Posts.
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    07/08/07
    11:06
    Post #: 2690313
    thats the magic question.

    IF they get funding for drilling
    IF they prove up a 200MT resource...which they should.
    IF the price of nickel stays high or rises over 5 years
    IF they get a JV to build a mine (neccessary) but likely.

    Then their resource is worth $75billion.
    Even if RMI get only 5% (although they would get more)..then $3.75 billion for a $35 million market cap.

    HUNDRED BAGGER. Lots of ifs and buts...but as far as I'm concerned...well worth putting a couple of grand on...but not much more.
    RMI Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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Featured News

RDN Preliminary interpretation of Andover South reveals key NE-trending corridor hosting lithium mineralization
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NEWS $140,000 in grant funding has been secured for drilling at Golden Ridge, with preparations underway for two exciting prospects
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NEWS High-grade manganese found at the W2 prospect in Wandanya
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NEWS Uncover the potential at the Storm Project, where exceptional RC drill results reveal 22.9m at 8.5% Cu, indicating significant resource expansion beyond the Cyclone Deposit
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NEWS New drilling at the Rogozna Project delivers a standout intercept, highlighting significant resource expansion potential
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NEWS Discover how gas production wells are progressing with successful drilling and promising early gas flows
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Last
1.3¢ 		Change
-0.001(7.14%) 		Mkt cap ! $8.480M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $60 4.583K

Buyers (Bids)

No. Vol. Price($)
2 358117 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 360369 2
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Last trade - 12.25pm 27/09/2024 (20 minute delay) ?
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