RND rand mining limited
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iron ore project, page-4

  1. cashew
    287 Posts.
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    08/05/14
    16:13
    Post #: 13341310
    Thanks Worzel and JID.

    With no debt, the value of Au and TBR shares held is currently worth $72M or $1.18/share ie just over double the current share price.

    It maybe relatively small beer for NST with 4.8% but a doubling in RND sp would net an additional $1.5M for them so I remain convinced NST will step in if the Board try to take up the iron ore option.

    Its time for the RND/TBR boards to put up or shut up on this iron ore project.
    RND Price at posting: 54.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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