RMR ram resources limited

SIR> If a J/V was done with SIR you would also see a substantial...

  1. 2,143 Posts.
    lightbulb Created with Sketch. 125
    SIR> If a J/V was done with SIR you would also see a substantial rise in SP.

    That could be the best way as long as SIR commenced immediate drilling. Not moth ball it until other drilling by SIR was completed.

    They have a better understanding of ground and how deep they need to go. This ground is quite rugged and not that simple to drill. You can easily miss what you are looking for. As you are aware SIR took quite some time to strike the mother load. Multiple holes IMO are required and not just rely on hitting a honey spot first go.

    Caution IMO is the best policy for RMR in this matter. If they hit a mother load a T/O could still come from SIR.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.