I like these paragraphs from the "First Quarterly Activities Report":
"The current estimated inferred resource for Wowo Gap is 120Mt of 1.2% Nickel and 0.1% Cobalt as set out in the “Competent Person’s” Report, (Mr John Wyatt – Independent Technical Expert ), provided in the June Quarterly.
The Wowo Gap Nickel laterite project is potentially of comparable size to the Ramu Nickel Laterite Project. In addition, RMC has continued to receive expressions of interest in this Project from outside parties.
RMC has accelerated its review of technical and general data relating to the Wowo Gap Project. The company’s priority now is to seek to add value by increasing the level of confidence in the Wowo Gap Project resource estimate."
RMI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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