RHM 0.00% 30.5¢ richmond mining limited

"Mowers, dont worry about DDxs' rude comments .... dont know...

  1. 1,797 Posts.
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    "Mowers, dont worry about DDxs' rude comments .... dont know what's bugging him"

    DDzx just got caned on GTE (as did I) -

    Sold the last of my RHMs on the way down at 32c - very interesting announcement today. We all know the IO price will fall once the supply ten folds in the next few years but by how much ?

    The spreadsheet put up before tells the story - IMHO IO falls below USD100/T - it will be the high cost producers that will fall over first.

    RHM - well still unsure - if it was producing now it would be making truckloads - 12 months is a long time to wait in these markets.

    In saying that I love the stock andd management and that the project is rather simplistic.

    I'm caught both ways.


    Spozzie
 
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Currently unlisted public company.

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