It would be great when they can get to the point of estimating 'probable reserves'. With Lihir they have been in production on the PNG site for over 10 years and have the following; 'probable reserves stand at 18.5 million tonnes of 2.87 g\t'.
What is under the ground is obviously more important than the area. Especially the area that they have under contract to drill. Yet Robust seem to compare themselves to the Lihir site in PNG often, as the site as on similar mineralised islands on volcanos...
Hope to see the MC of 100Mil be taken away soon on current results and never to return back under MC 100 mil. This will speed up the drilling process when they are more cashed up. MC 100Mil = $2.05 per share.
ROL Price at posting:
$1.75 Sentiment: Buy Disclosure: Held
