and what was the price of RML one year ago? it closed June 3 '08 at 23 cents....
"Share your frustration. The story gets better and better the sp goes lower and lower.Base metal stocks are out of favor with question marks hanging over the extent of slower world growth-prices have eased, with NI under $25,000 /ton and no long term DSO offtake how long will this cashflow last? All indications suggest NIpigiron production will continue and really its a small part of future potential cashflow, all of which will be highly profitable at much lower Ni prices.The resource is large and good grade (BHP raventhorpe .67% ni vs Acoje 1.3%+)PGM,s + chrome appear to be metals with very strong fundamentals going forward and surely exploration success and a credible JV should spark some interest.I,m aware of your disgruntled shareholder theory but surely no one wants to exit at prices so clearly below value
