RSN renison consolidated mines nl

RSN has received a consensual hammering over the last month or...

  1. 117 Posts.
    RSN has received a consensual hammering over the last month or so and dropped down till it was 9.2c yesterday. Considering that it owns 18% of NEC which according to my maths is worth 6c for each RSN share, 3-4c per share for the other assets must be good value for a new gold producer (albeit one which as early problems, not unusual) with significant other gold and highly probable coal. Still the herd says its not good value! Well I'm happy to have wasted my money.
 
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