BHP is BHP, lets not get delisions of granduer. Ok? Agreed on that. They can fund basically what ever project they want. GME i don't know the co sorry, so cant comment. RMI is a New Guinea play, its never as easy as it seems, ask Highlands Pacific, Lihir, Bougainville, Ok Tedi... all extreme cases i know, but its relevant to consider soverign risk. Yes OSH does it well, but PNG Govt owns a chunk of OSH.
Also RMI dont have their leases renewed? Yet. So hold your horses. It will happen (i believe) but lets see the ink on a page.
Capex is big for such a small company, bring in a partner to fund? Ok, sure but that dilutes existing share holder interest way down.
A prior poster said he/she has had not much faith in management. I don't have a strong view, but management needs to be good to implement this thing. Like i mean very sharp. Do they have a go getter who knows nickel?
Like i said 0.8% nickel grade in remote PNG is on the low side. On the "contained nickel in ground" another poster said its screamingly cheap, i dont have an issue with that, i thing it probably is.
Holding some shares and watching with keen interest. Observation only, never a recommendation. Always do your own research.
RMI Price at posting:
0.0¢ Sentiment: None Disclosure: Held
