GDO
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0.00% 30.0¢ gold one international limited

what we shareholder feel mr foreman , page-14

  1. trombone
    1,152 Posts.
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    30/04/11
    10:36
    Post #: 8333904
    No, according to my understanding of the article only R30m of the R200m will be required to 're-engineer Rand Uranium's Cooke plant'.

    This is what it says :
    'Gold One will inject R200m over 18 months to recapitalise the mine and re-engineer Rand Uranium?s Cooke plant to process underground ore again at a cost of about R30m after it was configured to treat dump material, said CEO Neal Froneman.'

    Septa I'm not sure where you're getting this further 2.8b Rand to get the mine up and functional as Gold1 would like it. 2.8b Rand is equivalent to 426m USD. Its a lot of money.

    Regards
    GDO Price at posting: 42.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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