roytastic, page-2

when you consider the assetts that ROY has and the near term cashflows it really is a solid value proposition. It is not just a minor with tenaments its is a near term producer.

It beggers belief that there are numerous IO plays out there with mkt caps 3-5 times that of ROY who are years away from any cashflow.

Consider this the GBG Jv will provide cash in the near term and we will have a junior producer with excellent funding capabilities and excellent tenaments.

It goes without saying that this could be a $100m + company very shortly and that translates to a $1 + sp. I have been holding through thick and thin with this one and the time for a serious re rating is upon us.