RND 0.00% $1.57 rand mining limited

RND valuation calculations., page-13

  1. 20,046 Posts.
    lightbulb Created with Sketch. 638
    we are even now redwink.png
    hehehe.
    Anyways, 200 EV/ounces ratiio think is fine and compares well for reserves.
    Still five years of production on those numbers without new ounces converted from resource.
    Or new found.
    $1500 aud used for reserves is now too low i think.
    i think the risk here is far outweighed by the upside short to medium term.
    The courtcase doesnt look good but its not enough to stop me from buying more.
 
watchlist Created with Sketch. Add RND (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.