Normally I would agree - no chance of $180M in this market, especially with the estimated opex. BUT something a poster mentioned a while ago about a US Senator (GOP??) spruiking the project casts a bit of a wild card into it. If it is the GOP, it might be a bit of political football e.g Obamas Solar debacle vs a "sucessfull" GOP backed mining project. Who knows why we had those buys recently - ammo to help flush the retail investors out of the stock, someone gambling big on news etc etc. But SP certianly looks pretty weak atm.
RHM Price at posting:
16.0¢ Sentiment: None Disclosure: Held
