GREY:RNKLF - Post by User
Post by
arh0070on Mar 17, 2019 11:44am
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Post# 29497453
Dumont nickel
Dumont nickel Its very instructive to go to the RNX website and look at all its news releases over the last few years .There is a 1.75% royalty on the Dumont Nickel project .An updated feasibility study (from the original one in 2013) will be completed in the first half of this year .The project a couple of years ago was valued at 50 million US .So RNX owns 28% ,so current value of Dumont to RNX is approximately 12.5million US or about 2.5 cents US per share if my math is correct .