RIE 0.00% 0.2¢ riedel resources limited

This announcement is unlikely to put a rocket under the share...

  1. 877 Posts.
    This announcement is unlikely to put a rocket under the share price but I'm pretty happy with the extent of mineralisation and the host rock

    Of note is that at target 13 they drilled more than expected with mineralisation occurring at the end of the hole. Grades are ok but as we've seen from Sipa & VRX, they will need to go a little deeper.

    Next round of drilling should attract some interest so will definitely be holding until then.

    The news was worth the wait, although I'm sure some people won't see it they way.

    Marchello
 
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