RNG range river gold limited

rng's time will come, profit at 40% of mc

  1. 14,443 Posts.
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    .... because they're making good money.

    Now we can assume their profit before tax will be at least $ 500 per oz.

    av. $ 1250 - $ 750 = $ 500

    Using 40.000 oz as an absolute minimum production pa, that makes 20 million pa.

    But if they reach 50 - 60.000 oz this year, even more profits.

    current mc : about 2 billion shares / oppies x 2.5c = 50 million

    A sp rise will come very soon, some bigger investors will snap it up.



    GL to all.
 
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