republic gold limited enters non-binding sale , page-51

lets look at worse case scenario.

If there is no sale this time, we should still have 9months++ until the funds run out as we have $1.6mill(from last report), The company would be running on a smell of an oily rag, 300k MAX outlay per quarter for admin fees, as all operations have ceased.

I think KZL administration is spooking a few in the mining sector, and with tax loss selling upon us (end of american fin year) But RAU is no KZL, as they dont have overheads that a producing mining company has, and still have 9 ++ months left in the kitty, and even after that, they can do placements @ 0.1cents to keep the funds going until they find a buyer.

Then we have the upside, if a buyer is found. If we get $35mill or close its a 5 bagger from 0.2cents

worth a punt IMHO, please do your research though.