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Ann: RIU Sydney Presentation, page-28

  1. agentrat
    34 Posts.
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    13/05/22
    14:23
    Post #: 61393536
    42m mcap at 16c, deduct cash position 12m gives us 30m enterprise value for the tenements. With gold royalty as a fallback to cushion any downside, im keen in the Ravensthrope play + potential Mt Farmer grants. One good hit an we are easily at 100m mcap ~ 35c. Regret not having any leftover cash to pun on this... All IMO.
    BNR Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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