BIG 0.00% $2.22 big un limited

Peterpumpkin appears to research RAU then asks:"What do RAU...

  1. 1,739 Posts.

    Peterpumpkin appears to research RAU then asks:

    "What do RAU actually hold".

    ...how about 500,000oz of GOLD.
    What do you value that at Peter?

    I'll give you a hand: Gold is currently trading at AUD 890 /oz.
    Now lets assume extraction costs are $450/oz.

    Now get your calculator out, and take a look at the market cap of RAU.

    I have assigned ZERO value to the Tungsten and still see value here.
    I have assigned ZERO value to the impending gold resource upgrade.
    I have assigned ZERO value to the Copper.
    I have assigned ZERO value to the Antimony samples that were recently sent to the Chinese smelter plant.

    Hows that for starters PeterP?

    Joel
 
watchlist Created with Sketch. Add BIG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.