us18 billion resource

We may be about to see a major step in the unlocking of this wonderful $US18 Billion Molybdenum resource.

The first 8 years production will process the highest grade material in the world (55Mt @ 0.19%MO - Massive Grade)

At current spot prics that would return a EBITDA of $A870 Millon per annum.

A 50% JV would allocate 50% of this EBITDA to RCH or $A435M p.a.

The number s are stunning the market cap no where near reflects the ruturns achieveable.