RDM 10.7% 15.5¢ red metal limited

Solid 2018 ahead.

  1. 2,831 Posts.
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    Been thinking of this "improving Cu at depth" story with Maronan, and how it has changed the assessment of the deposit given other finds in the area. In regards to this; reports that JV interest has found a second wind with Cu players now realising the potential for strong grades at depth. It's a new game with Cu being set for a strong run that maybe many are missing?

    https://www.google.com.au/amp/s/www...sending-copper-higher-as-it-ups-forecast.html

    http://www.theaustralian.com.au/bus...p/news-story/bdef0ccaca9011b124d3cd23456213a4

    Being a copper bull myself ($6 anyone?) I like the way this story is heading, and it can only provide a shot in the arm for Maronan. Ag looks flatter than Kevin Spacey's career at the moment, appearing pegged at ~$17, but has rebounded off lows at least and economics of the deposit only look better with lead at highs.

    Leichhardt - did we hit the halo? Educated folks say it's a real chance. Hang about for high res mag data that won't be far away and we could easily have a high priority target for follow up drilling. Still well and truly alive there.

    I'm pretty pumped to see some new JV action too if (when?) deals get signed. Start rolling out a few of these targets with some assistance.

    Stay calm and keep accumulating.
 
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