ROS red october resources limited
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Hi Melua,If you agree with the resource estimates (circa $9bn)...

  1. investorpaul
    1,091 Posts.
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    04/06/11
    11:27
    Post #: 8497886
    Hi Melua,

    If you agree with the resource estimates (circa $9bn) value to ROS what are your main concerns with the company:

    1. Raising the funds?

    2. Managements ability to bring the thing online?

    And are these concerns at this point in time as you could purchase ROS for circa 35 cents, when the JORC is released the SP would surely spike on a $9bn resource confirmation, then just sell for a profit or sell so you free carry the rest?
    ROS Price at posting: 35.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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