RHM 0.00% 30.5¢ richmond mining limited

BCI are to ramp up production in the next few months.Their costs...

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    BCI are to ramp up production in the next few months.
    Their costs for extraction USD43PMT are similar to RHM.
    Output is similar to that suggested by RHM being 50% of 3MT then rampimg up to 50% of 5MT ie net 1.5 - 2.5PMT.
    They do have FMG as a partner which is a huge plus.
    But their market cap is AUD175M - whats that 10x that of RHM ??

    They will get the 'super profits' being in production when the IO price is well in excess of USD100PMT however a good comparison of what we might expect if all goes according to plan.




    Spozzie
 
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Currently unlisted public company.

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