republic gold limited enters non-binding sale , page-28

Well I'm thinking 20 million as a ridiculously low starting point considering the fact both the Australian Government and RAU have in writing that Evo Morales won't steal it, plus there is probably a little over 1 million in the kitty which pans out as 0.63 cents cash backing should that unfold.

You would expect that the potential buyer would have access to the latest drilling data which we all wouldn't mind knowing as it was targeting a known but not jorc calculated Northerly extension, a plunge shoot to the South West along with some infill to lift confidence level for 10,000m which as i have been informed by the company, was in fact completed.

The market should be assuming a reserve of over 1 million oz's methinks and Morales guaranteed not to pinch it, so what's it worth peeps?