RIE 0.00% 0.2¢ riedel resources limited

Ann: Quarterly Cashflow Report, page-2

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  1. 2,254 Posts.
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    @christophe
    $2.34m in the bank with costs for the last q at 254k.
    3 test holes planned and a re read of the target gives a huge amount of hope for success.
    The mc is becoming more attractive at these levels.
    Kind regards,Wack
    http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw
    Single concentrate stream (18,000tonnes) o 4% cobalt and 20% copper. •Dual concentrate streams (20,000 tonnes): o Cobalt concentrate - 14% cobalt plus 4% nickel and 5 - 6% copper. o Copper concentrate – 33% copper plus 1% nickel.
    Mining resumed between 1924 to 1931, including the treatment of dump material and tailings, with average ore grades recorded of 2.2% Cu,1.5% Ni,0.9% Co,0.1% Se, and up to 100 g/t Au
    g/tK
    Au
    .
 
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