BIG 0.00% $2.22 burrendong minerals limited

republic gold limited enters non-binding sale , page-10

  1. 2,498 Posts.
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    any other buyers thinking the same way??....if the project was really that good then it is safe to think that there are others who are interested to buy.
    We share holders think it is worth this much and that much based on this and that but so far RAU failed to secure financiers so the Bolivian Gov seems to be the only one.

    The fact that RAU has spent 35 mill in exploration has got nothing to do with how much someone is willing to pay...it
    is RAUs problem that they have spent 35 mill or whatever mill in the past....it wont reflect in buyer carculation of how much they are willing to pay.

    I dont see RAU in any positions to negotiate any offer that
    they will get.....the offer may not come till the end of the year???....you have to put yourself in the buyers shoe.

    They have the money and they can afford to wait and buy time....no hurry....
    I do hope that I am wrong and RAU will get much more than 35 mill but some how I dont believe that.

    Cheers
 
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