NMT 2.27% 8.6¢ neometals ltd

rodbi am interested in your comment "The depth of the resource...

  1. 127 Posts.
    rodb
    i am interested in your comment
    "The depth of the resource in the update
    didn't lend itself to that"
    From my reading of RDR announcement of 2nd may, resource was close to surface with most intersects were less then 100mtrs from surface and direct from the company presentation 2nd may 'initial output 200,000 tpa of +6% Li2O (chemical grade) ? Mt Marion will be the world?s 2nd largest spodumene producer'
    IMO 6% looks good against GXY at 1% and talison at 3.1%.

    I am not saying you are wrong but moreso i would like to know how my intepretation of their announcements is wrong. thx

    i am not trying to ramp RDR as i have not bought in yet having just discovered them but they certainly look interesting
 
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