Since eveything looks to be on target (phew), I'd rate RHM an accumulate, because if they meet the commencemnt of production target of mid-late 2012 (is that right ?), then 1.5 MT concentrate at todays prices = plenty of profit and multiples of todays SP.... a good one to soak up for SMSFs i think.
I'm definitely more relaxed now ... fingers crossed with PFS come end March.
Since eveything looks to be on target (phew), I'd rate RHM an...
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