RUM 8.70% 2.5¢ rum jungle resources ltd

maiden Karinga Creek jorc should be out this qtr sometime re...

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    maiden Karinga Creek jorc should be out this qtr sometime

    re 40c, I mentioned before I thought 40c would be difficult to beat without a catalysts (off-take). 40c is 12month rolling vwap and puts value near 45% barrow ck basic spot dcf, without initial studies confirmed/started. plus each aud tick higher hurts

    long term sure, but it's hard to argue a much higher price in the short term based on valuation and a peer group

    I was hoping for a 50c spike on news (KC jorc or offtake)
 
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