BIG burrendong minerals limited - withdrawn

republic gold limited enters non-binding sale , page-45

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 8,259 Posts.
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    Ah sirdean!
    Mark this one up! But I think I am almost going to be in agreement with you.

    Yes RAU management are struggling.
    The number of articles that are appearing in the Bolivian press with no real updates from RAU is a worry.

    The figure of $35 million that is being bandied about is just a figure. It is the amount that RAU has supposedly expended on Amayapampa over its time there.

    $35 million is not what the Bolivian Govt would offer for Amayapampa or even consider giving RAU in compensation for the project.
    All that the Bolivian Govt has to do is wait for RAU funds to run out and go phut and then it will have the project by default pretty much.

    Yes and where are those drilling results? Why hasn't RAU produced them yet? Surely if they could release them and prove that the resource is even bigger then that would be beneficial.

    The likel;ihood that RAU will come out with nothing from this is increasingly real
 
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Currently unlisted public company.

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