RMI 0.00% 1.9¢ resource mining corporation limited

wowo value, page-13

  1. 248 Posts.
    allanl,

    i am a holder of rmi and i rarely post on hot copper.

    But even if rmi were forced to sell their land, as they could not find a JV to generate more cash, one would think that they would get a minimum of $50 million for the deposit.

    that is still 60% above what the current market cap is, which is a good return in my books.

    this does not take into account their other projects either.

    i have provided calculations, not just ramping, can you please argue logically as to what is wrong with this theory rather than just down ramping?
 
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