RND rand mining limited

Ann: Annual Report to shareholders, page-8

  1. 23,009 Posts.
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    I am getting sort of used to their reports. Read them many times over the last few years .
    Anyways, the numbers i am working from are on page 42.
    note 11.
    the $50million + bullion and stockpiles equate to around $130- $140 million i think . Give or take 10%.
    $42million bullion at cost , around say $1000 , gives you 42k ounzes. Which at $2700/ ounce = $113million approx. The rest is the ore stockpiles.
    if those figures are correct. They are in better position than 12 months ago. Except for the courtcase.


    Last edited by albatrosss: 18/09/20
 
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