Hi there Northwarm, well I think You should apply To Days Copper price and a very possible slipping Aussie $ during this 2011 Year the following Link =
http://www.redbankcopper.com.au/images/PDF/ASX_Announcements/mine_study09.pdf
and also consider the potential of the Leases which RCP has aquired over the last Two or Three Years.
RCP Market Cap. wise, is the cheapest Copper Stock on the A.S.X.!
Also, soon, based on a comment in the SRE December 2011 Quarter Activities Announcement, RCP may well produce a possible Resourse upgrade based on more details regarding Prince and Charlie etc..
No responsibility taken for any losses in association with this Posting.
Happy reading and research,
moly
round two....dear moly, page-2
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