re: *** why is this a pdn? *** A few of my friends were recommended this stock at around 6c. It subsequently dropped to 5c and below after a capital raising (and limited news). All indications are that the diamond (and hopefully mineral sands co-produced) project is a goer.
The uranium is a wildcard. If they hit who knows where the price will be. If they miss we still have the diamonds. Seems like a good opportunity to me.
PS previous testing by RTM has tested positive I think for Tantalum.
RTM
reefton mining nl
