RMI needs to raise some cash..... or sell some assets. Looking...

RMI needs to raise some cash..... or sell some assets. Looking at the last ASX release on how much $ they have and how much they are spending.

Would not make sense to sell the iron ore assets until the nickel leases get granted, because if the nickel leases do not get granted the company is left with not much?

A reasonable person?? could conclude that, as a public company, you need $1-2m in the bank just to stay alive. So the only questions are when and at what price?

As prior posters pontificate about why Sinom has not bought the rest 9of the company), its probably because they think they can get it even cheaper by waiting a few months. Or maybe even Chinese buyers are feeling a bit nervous about the current market.