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3,188 Posts.
25
01/05/13
11:58
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I think ROL know all that.
I doubt that they would just throw away $15 million to inherit a headache.
KGL is strapped for cash and had to conduct a fire sale. ROL was in the right place at the right time.
There is no denying the economics of Andash. Will be very profitable in any gold price environment.
I am backing ROL mangement here. They would not have bought Andash if they did not think they could make it work.
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