BAC 0.00% 3.6¢ baru resources limited

Ann: Baru Resources Limited - Prospectus , page-14

  1. 428 Posts.
    So, 50 views and no reply... I guess no one else can find out either.

    I would have thought the details of the JV would have made the prospectus. Without this information even a ball-park valuation is impossible. Do we get 1%, 5% or 50%? Who knows? Will Baru have to stump up tranche after tranche of new funds over time? I can't see any reason to believe this won't happen.

    Looks too shady for me, but good luck investors. The location looks good.

 
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