Do you really want to become seriously wealthy?
Well...Then, perhaps you may take a look at RMI (Resource Mining).....
Why? For those who are slightly lethargic and cannot go and read the latest AGM presentation\chairman address to shareholders, here are some facts:
Two projects:
1). WoWo, in Papua New Guinea, not very far from the 1 billion Ramu Nickel Project the Chinese are building.
Resources (inferred) at WoWo:
Nickel: [email protected]% (higher and easier minable than Ramu).
Cobalt** [email protected]% ......
Now. Please do some basic mathematical calculations.
Nickel price around $30,000 a tonne. Multiply 1.44 million tones x$30,000.......(over $40 billion)
Cobalt the latest most sought after metal. Tripled in the last few months to over $25 a pound.
So, multiply 240 million pounds of Co. x$25.......(over $5 billion).
It must be added here, as clearly stated by RMI's chairman mr. Leach yesterday, the new extensive drilling programme, due to commence early next year, will aim at further increase (!!!) the inferred resource for, it remains open both to the North and South.
2). Argyle iron Project. Negotiations with small to medium size Chinese companies are continuing, while further drilling will take place next year.
3). Some results frpm Argyle are expected within the next 1-2 weeks. They are expected to pleasantly surprise shareholders....
Present share price of RMI? Around 3 cents!!!!!!
Yes, only 3 cents......
Cheers;)))
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