BIG 0.00% $2.22 burrendong minerals limited

wakey wakey rau holders, page-6

  1. 2,498 Posts.
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    Mate,

    I am not sure if you are a new comer to RAU but welcome aboard mate am sure you will be rewarded for taking risk.
    The ann today is basically a confirmation of what the market knew already from pst anns of their progress so far, my believe is they won't have too much problems raising money through share issue and debt raising but not sure if the Chinese will be involved and there are always people who will take risk and put in money in countries like Bolivia or Angola yes the Chinese have invested heavily in third world "risky" countries and sure they are not the only one.
    At anticipated production of around 100,000 ounces a year at say cost of 400 bucks and say POG of 1100 well that is a profit at $70mils yes sir many people at HC will be laughing at me 'the dreamer' well I don't mind as I am open to all possibilities in the market as I firmly believe that anything is possible and to SIRDEAN I like you to continue having opposite oppinion as it is very good to be different and why not it is the way it should be in the market and I respect your oppinion.
    So at a profit of 70mil in a perfect world and pe say 6x then RAU at that time should be valued at least at 420mils and currently it is only 27mils, so people are still asleep or lost faith in RAU but it is good either way.

    Have a good one,
 
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