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7.14% 1.3¢ resource mining corporation limited

sell off? what sell off!, page-8

  1. IMSancho
    119 Posts.
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    06/08/10
    16:41
    Post #: 6991484
    I believe the JORC value is actually around $13B (yes, that's a B) The $160M value is what the project is valued at at this stage of development, as it will take quite a lot of capital to bring it up to a producing mine. This of course makes it a fantastic candidate for a JV with a small free carried % for RMI, or for the project to be completely onsold to a third party for a considerable sum....
    RMI Price at posting: 0.6¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
1.3¢ 		Change
-0.001(7.14%) 		Mkt cap ! $8.480M
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1.3¢ 1.3¢ 1.3¢ $60 4.583K

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2 358117 1.3¢
 

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Price($) Vol. No.
1.4¢ 360369 2
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