Mt Carbine:
Drilling all throughout 2008. No resource. Little metalurgical work. No feasability on tailings until 2009.
No understanding of who the Chinese company is.
No production. No details of rent p/a provided or possible smelter royalty.
Malaysians have sold. Zuess to be under 5% within 6 months.
Market cap (including future dilution) on comparison, twice of their speculative worth IMO.
All in my opinion but the details are within the below link.
http://sa.iguana2.com/cache/15eabcb44cf2a91a9b4d89ad978d063c/ASX-RAU-286931.pdf
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Mt Carbine:Drilling all throughout 2008. No resource. Little...
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