USD$10m=A$14m=5c/share=4baggers, page-9

the last success (ORX) was a tip from @crackpot so all credit to him/her & zero to me

as for this company, i took an interest on 1 June 2015 when they made their sale of asset announcement (however I did not buy, thinking it was too expensive that day)

it fell back to 1.6 cents so i started buying there

it had its ups & downs so i traded a few and got my average down to 1.2 cents

the management i know little about (although my experience with them is they didn't B.S me)

i am simply banking on the AUD$10.5M or 4.2 cents per share they should have in the bank by 31/3/16 or earlier

VKA signed a deal to sell their gold deposit for US$8M cash plus future royalty

despite the hick-ups, they have received US$1.14M so far so the deal is obviously going to close

i am hoping their two Mongolian assets also have re-sale value (as another $5M or 2 cents cash per share would be handy)

regards