RUM
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8.70% 2.5¢ rum jungle resources ltd

Ann: Renounceable Rights Issue May 2016-RUM.AX, page-11

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  1. FiendishRedbeard
    7,936 Posts.
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    17/05/16
    21:20
    Post #: 17795083
    I thought they would get some traction based on new projects and transitioning away from phosphate but not to be. Original thoughts have held true, obscene admin and other expenditure chasing dog phosphate projects and other small fries. Its beyond me why they are going to a BFS on a project the market and sp has had zero appetite for. I guess management knows best....
    RUM Price at posting: 2.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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