not much interest - but......., page-3

re: not much interest - but.. insto's.... yes probing - the insto's hold about 50% of the stock. just looking at syama alone, the company has announced a total of about 4.5m oz in all categories. if only 3m oz ends up being mineable (of which rsg have 80%), then this project alone wiill be worth heaps - yes, if gold takes of a bit, then the margin might be about US $200 per oz. just as a ball park figure, and after allowing for capital expenditure, then this project alone, could be worth about $500m australian (i could not be bothered working out a NPV - as the discount rate , at this stage, would be too variable). one of the beauties of syama, is the carried forward losses, associated with the project - the previous owners lost heaps on it. rsg seem to think that the processing route is quite straight forward. what if gold really takes of - then this co has the reserves, and resources, to be a real winner