RHM 0.00% 30.5¢ richmond mining limited

hi piperi got the impression that the valuation was resource...

  1. 12,407 Posts.
    lightbulb Created with Sketch. 85
    hi piper

    i got the impression that the valuation was resource based, with the timeframe of the 25% price target taking into account production. however i may have misinterpreted the report, or perhaps read it back to front, if that makes any sense

    either way, the point is that the initial reserve is about to get an upgrade owing to the drop in cut off levels thanks to the metallurgy results.

    this, i feel, is what is about to drive the reval.

    PS more interest in oppies than heads lately. very positive sentiment so late in the game

 
watchlist Created with Sketch. Add RHM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.