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So potential profit of +$10m. RMS has been buying these types of...

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  1. TrendTracker
    3,801 Posts.
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    06/05/19
    12:42
    Post #: 38427394
    So potential profit of +$10m. RMS has been buying these types of stranded assets for years and significantly exceeding profit estimates.

    So buyer purchases thinking they might make $10-$14m with the deposit open at depth? Surely that is worth say $3m or $4m? That's enough to get production going in SK and the CR monkey off the back.

    Anyone have sale figures for similar deposits sold in the area?
    SAU Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
1.2¢ 		Change
-0.001(7.69%) 		Mkt cap ! $8.502M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $21K 1.75M

Buyers (Bids)

No. Vol. Price($)
1 500000 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 317943 2
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