RUM 8.70% 2.5¢ rum jungle resources ltd

100% ownership , page-4

  1. 1,484 Posts.
    RUM MC 43m 125m shares

    Just paid 1m cash and 16m shares to buy 100% of Phosphate project.

    1. Obviously the Phosphate project is a CashCow - Viable :)
    2. Were the 16m shares created or given up by directors? - I am guessing they were printed - still better than a cap raise

    Well done RUM - Food and Energy - Recession Proof sectors
    Plus that tasty Cu Au tenement for later

    Been hanging in since 11c, wish I kept them all now :)

    Pulled the stops, not getting shaken from this elephant ride!
 
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Currently unlisted public company.

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