RAU's gold resource of 1,750,000oz and a MC ~70m = $40 p/oz
i think i've read that juniors get rated @ ave. $75 p/oz. if RAU was to get re rated this should give us a SP of~.19c
now one step further, if we were to get lipichi with an extra 500,000oz, at the current rating of $40, should give us a SP of ~.13c but with a re rating we should be @~ .23c
although the SP has moved up recently, it has been way undervalued, so the current .105 is still not that flash.
looking forward to the next month.
BIG Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held