Because of ROMANG ISLAND... This was a deposit that BHP and Billiton sold as a 'non-core asset' when they merged. This purchase was extremely lucky and all the early signs are showing its gunna be a massive system. That as well as the Talbot Group becoming the largest shareholder early this month. As well as only having 48Mill class issue. I cannot see why this wont be a enormous investment.
QUOTE: MD GARRY LEWIS
"The key attraction of Robust to the Talbot group was the Romang Island project itself. They recognised the highly prospective nature of Indonesia generally and the Sunda-Banda Magmatic Arc in particular, and see Romang Island as a world-class asset. Couple this with our tight capital structure, competent management and technical team and aggressive and positive approach to exploration activity, and it makes Robust a compelling investment, whatever the phase of development."
I AGREE!
E.
ROL Price at posting:
69.0¢ Sentiment: ST Buy Disclosure: Held