It is interesting Thunder that they sold the Cheriotts find gold project for $700k which had 100,000 ounces of gold. The Milrose project has just over 300,000 ounces. In logical terms it's probably worth $2.1m at that rate. Don't think much has been done there for over a decade! In this gold climate it would be a nice little acquisition for a upstart company or gold producer in the area.
RIE don't seem to want to do any of there own exploration so it looks like they would sell it if someone approached.
I personally would love them to use some of their money and do some more drilling there if warranted? Don't know the resource at all.
It is interesting Thunder that they sold the Cheriotts find gold...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.447M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 53671861 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 17189649 | 17 |
View Market Depth
| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| RIE (ASX) Chart |
Day chart unavailable
