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1.72% 5.9¢ patronus resources limited

Ann: RRS Investor Presentation, page-5

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  1. M3DDŸ
    134 Posts.
    lightbulb Created with Sketch. 15
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    16/05/23
    13:46
    Post #: 67799641
    How can a company with 1.4Moz of gold in the ground (with the potential of 2Moz - exploration and drilling underway) be only worth a market cap of $44M?

    Golds predicted to hit uncharted waters, and if a recession does hit the global economy then nothing is surer than the value of gold will soar!

    How have they not being able to raise funds and start and operational mine?

    Surely operationally they're worth arguably 10x to 20x their current value?
    Last edited by M3DDŸ: 16/05/23
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.9¢ 		Change
0.001(1.72%) 		Mkt cap ! $96.60M
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