RND 2.87% $2.15 rand mining limited

Value to Market Cap, page-3

  1. 1,107 Posts.
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    You're right John, it is being held back massively by the IO deal.

    I'd like to see managements attempt at somehow justifying that the current deal as it stands makes financial sense......I can't see how they could possible do it.

    Gold and TBR shares held by RND are worth $1.23 on their own. How can you value options in the IO deal at 75c...........Talk about giving value away!

    I'm glad the gold mine is located in Aust.

    Worzel
 
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