RHM 0.00% 30.5¢ richmond mining limited

I hope you are right with your projections but i dont see where...

  1. 6,575 Posts.
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    I hope you are right with your projections but i dont see where a big re-rating is going to come from at the moment (from Buena Vista anyway). A re-rating may have occurred already if they could aim for Veritas target of production at the end of this year which would definitely make them a near producer. They are really dragging their feet on the feasibility work imo. Considering CML Metals has just commenced an export operation similar to what Richmond is aiming for, the figures shouldn't take so long to get. The constant delays makes me wonder how they are going to go "fast-tracking" the project to production, 2 years+ possibly still to go.

    They are aiming to revisit Narracoota in the new year, maybe some positive news from there will give the boost we need.
 
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