BIG 0.00% $2.22 big un limited

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  1. 80 Posts.
    People are selling due to not understand the bigger picture and afraid of losing their profits in rau during this slide backwards.

    There needs to be an announcement tomorrow or very latest Monday morning in regard to progress on purchase of Mt Carbine as the option ceases end of business tomorrow. Whether this is that RAU have decided to take up the option and purchase for $?/shares/etc, or whether negotiations will continue into the following week with RAU's intention being enough to not lose their option. I personally would be very surprised to see another extension of any significant length to this option.

    Mt Carbine results will be released with the announcement to purchase in my opinion. It would also be nice if they include full due diligence figures that would have been presented to the board in regard to viability and projected income, profits, etc. This may not come straight away or at all, however we will be able to further calculate approximate worth and estimate an appropriate market cap ourselves.

    Whumbal West results will then be released with further viability added to purchasing Mt Carbine and equipment, etc to begin mining. This will be a bonus.

    Gold projects will come in through the next few months and will also be bonuses. Still waiting on pre-collar results of Northcote.

    Malaysian investors are still holding and "liked what they saw" during their visit this week. Chinese visiting next week. JK "couldn't be happier with how the visit went".

    Zeus hasn't sold any as yet. Neither have other substantial holders.

    The director that sold shares last week did so to exercise his options, not to cash in and buy a new car with his profits.
 
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