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0.00% 48.5¢ robust resources limited

rol up 10% in frankfurt...., page-12

  1. Locust1
    147 Posts.
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    11/07/13
    12:40
    Post #: 11990791
    Whatever the reason is, Robust's actions do not suggest they are in control. Is it just me or does anyone else have a problem with the sale of a further 17.5% to Salim for $5m? How does a project valuation go from $100m+ at the original sale of 22.5% to Salim to less than $30m now, when all they have done is spend $25m+ on drilling with a ''much trumpeted'' positive conversion rate of 93%?

    This stinks....
    ROL Price at posting: 20.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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