RHM 0.00% 30.5¢ richmond mining limited

"they can utilise most of the different grades of ore, they are...

  1. 1,014 Posts.
    "they can utilise most of the different grades of ore, they are also trying to see if the low grade (10-20%Fe) ore can be used instead of being thrown out as waste which would probably help reduce costs"

    That is a huge plus. Lean Management is the way. Reduce costs like anything. Help boost revenues if lucky.

    Bit dissapointed about the grades of West Pit. But it looks like Max is looking to dig out absolutely everything and sell it, soo..... who cares lol. As long as a profit is being made.

    Dont like how things are soo slow at the moment however. Looks like the action will be happening in March and then June. Hopefully in July we will know if Loongunna and Narracoota is worthwhile persuing or not.
 
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.