RCO royalco resources limited
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you have got gold

  1. Danube
    3,731 Posts.
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    16/06/08
    15:44
    Post #: 3864209
    NICE ROYALTY!, close to $1m a qtr, or $4 million per year.

    For company with 53m shares (56.4m minus buyback), put it early per share at 7c per share (before tax, don't know what is NZ withhold tax for).

    At 33c share price, put it PE at 4.7 (before tax)

    Most profitable gold play ever on ASX!
    RCO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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