RLK
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0.00% $1.80 rolek resources ltd

are the results really that good?, page-5

  1. young-trader
    7,117 Posts.
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    03/09/09
    17:49
    Post #: 5594566
    I dont think many investors know how to value Maganese but to give an example lets look at OMH the Market Leader on the ASX for Manganese


    OMH 500M shares @ $1.60 = $800m
    JORC 30Mts@24%Mn = 7.2Mt's Manganese

    EV = $110/t Manganese
    SRR Price at posting: 16.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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