RND rand mining limited
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Agree worzel1. That is what is holding the SP back. I think,...

  1. JID
    3,679 Posts.
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    08/05/14
    15:33
    Post #: 13341033
    Agree worzel1. That is what is holding the SP back.

    I think, however, that the TBR/ RND companies are now stuck with a bad smell that many investors, once doing a bit of research would shy away from. This Iron Ore option smacks of potentially siphoning cash out of RND/ TBR to Director related entities.

    I can certainly see a scenario under which NST would make an offer for 49% of the EKJV especially prior to the Pegasus upside being fully understood/ disclosed to external parties.

    Cheers
    John
    RND Price at posting: 54.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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