I went back to the Annual report of last year as the inter one a few months ago doesnt seperate out gold on hand .
end of last financial year there was something in the order of 40,000 -45,000 ounces of gold on hand.
@42,500 midpoint ×$2300=$ 98million just in gold.
Thats not including stockpiles.
You could conservatively add another 15,000 ounces there.
And ofcourse there are the mines and mine infrastructure.
Insanely undervalued looking at the shareprice.
I am thinking there might be a real move to buy out RND and also TBR. Only my musing. But all that is happening would make sence.
Ann: Quarterly Activities & Cashflow Report - March 2021, page-7
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Last
$1.70 |
Change
-0.100(5.56%) |
Mkt cap ! $96.68M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.80 | $1.70 | $55.72K | 32.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3184 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 7747 | 1 |
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| Last trade - 15.35pm 31/07/2025 (20 minute delay) ? |
| RND (ASX) Chart |