RDM 0.00% 13.0¢ red metal limited

agreedwhat may put the pedal to the metal here is1..simple open...

  1. 2,798 Posts.
    lightbulb Created with Sketch. 673
    agreed

    what may put the pedal to the metal here is

    1..simple open pit..starting basically from surface minimal upfront costs and HEAPS of optionality
    2..Govt's from USA and Aust wanting to "break from China" for dependence on these type of rare earths
    3..price inflation over the next 2 years
    4..Stage 2 within 6 months I think...OPINION ONLY

    https://hotcopper.com.au/data/attachments/5948/5948673-93b4736496dc5c611e54035d40a0cf68.jpg

 
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