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Resource Mining Corporation Limited  (RMI)

Description: Resource Mining Corporation Limited is an Australia-based independent mineral resource company. The Company is engaged in mineral exploration in Papua New Guinea. It is engaged in the development of the Wowo Gap Nickel Laterite Project in southeast Papua New Guinea. The Wowo Gap Nickel Laterite Project is located approximately 200 kilometers east of the Papua New Guinea capital Port Moresby and approximately 30 kilometers from the town of Wanigela situated on Collingwood Bay. The Project hosts nickel-cobalt mineralization within the laterite profile overlying an ultramafic plateau. The Company's subsidiary, Niugini Nickel Limited, is the owner of exploration license 1165, which covers an area of over 90 square kilometers. The exploration license consists of over 30 sub blocks with an area of over 94.40 square kilometers. In addition to EL1165, it also owns an adjacent tenement, EL1980, which hosts potential extensions of the nickel bearing ultramafic unit extending from EL1165.


Keywords: Mining Natural Sciences Exploration Mineral Exploration Cobalt Nickel Profile Wood Mineralization Mafic Tram Laterite Ultramafic Rock Regolith Moresby Port Moresby

Home Page: www.resmin.com.au

RMI Technical Analysis

Financial Investors Tr(ALPS)
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Phone: 866-759-5679


Officers

Name Title
Mr. Asimwe Matungwa Herman Kabunga Exec. Chairman
Mr. Noel O'Brien Non-Exec. Technical Director
Ms. Deborah Ho AGIA, B.Com. Company Sec.

Exchange: AU

Country: AU

Currency: Australian Dollar (A$)

GIC Sector: Materials
GIC Group: Materials
GIC Industry: Metals & Mining
GIC Sub-Industry: Diversified Metals & Mining
Forward PE: 0
Trailing PE: 10.12
Price-to-Book MRQ: 65.3998
Price-to-Sales TTM: 248912.5
IPO Date:
Fiscal Year End: June
Full Time Employees: 0
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