rau major potential for lt investors, page-8

Forgot to add:

Market cap ~ $6 mil

Cash on hand ~ $3 mil

So lets get some perspective here:

All of RAU assets are being valued at $3 mil when you take away the cash.

That's right...500,000 ounces equiv. of gold at Northcote.

Tungsten dirt next to a large JORC resource...sample test results due soon.

Interesting Molybdenum prospect recently identified.

...and Uranium JV in the same part of SA as CUY dirt.

IMO assets alone are worth ~ $10 mil

Then the B I G "X" factor is Mt Carbine.....one of the biggest Tungsten mines in the world when it was shut down in the mid '80s....due dilligence pending.

Value to be had with RAU.....just add vision and small amount of risk.