PRW 0.00% 0.1¢ proto resources & investments ltd

Snicket - try RRL. But you'll need to hold for a while (2-3...

  1. 120 Posts.
    Snicket - try RRL. But you'll need to hold for a while (2-3 yrs). The guys running RRL are the best gold miners in OZ. The last company they ran (Equigold) went from an MCap of about $20M (20c/s) to $1.1B (~$5/s) when it was taken over. They also paid about 50% of NPAT as divis over many years. RRL has serious gold resources and should be in production by Xmas next year. At least 6 years minelife (probably more than 10 yrs IMHO) and $120m in tax losses waiting to be used up - a cash generation machine. Do your own research.
 
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