RUM 8.70% 2.5¢ rum jungle resources ltd

RUM MC 43m 125m sharesJust paid 1m cash and 16m shares to buy...

  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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