I am cautious about the NPV of Andash because, as far as I am aware:
- the NPV is several years old
- the gold price seems to be on a pretty strong downtrend
- I'm not sure how ROL is proposing to raise the start up funds
- I'm not sure they even have government approval to mine
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- rol up 10% in frankfurt....
rol up 10% in frankfurt...., page-16
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