RUM 8.70% 2.5¢ rum jungle resources ltd

what this means, page-7

  1. ds
    7,131 Posts.
    I am interested in RUM but a 5 dollar stock?

    They have clearly stated the NPV is in the $300-400m range project wise and that will require some sort of equity funding so dilution means perhaps 50c to $1 - a tidy sum indeed but much has to go right to achieve that.
 
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Currently unlisted public company.

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