ANS austsino resources group limited

are there any compelling reasons to invest in this company? for...

  1. 37,911 Posts.
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    are there any compelling reasons to invest in this company?

    for $50M market cap at 1 cent, they might have:

    * $6M in cash

    * 900MT of 27% Fe magnetite

    * 11Mt of 59% Fe hematite

    anything else?

    thanks
 
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Currently unlisted public company.

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