RUM 8.70% 2.5¢ rum jungle resources ltd

At 30 June cash almost 1.3c per share

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    RUM cash at bank at 30 June was equal to nearly 1.3c per share. Given SOLs influence they should be running a tight ship on the spending front while getting the best value for money possible. So at the current price of 2.1c RUM assets were only valued at about 0.8c per share, pretty cheap for world class phosphate potential while offering great leverage on any positive developments. All IMO, DYOR.
 
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Currently unlisted public company.

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