RUM 8.70% 2.5¢ rum jungle resources ltd

greetings - been watching this one for a while. whsp are very...

  1. ds
    7,132 Posts.
    greetings - been watching this one for a while. whsp are very very important as it seems at some stage RUM need some chunky development capital and these guys can give it or arrange it. They do like chunky stakes with good management and it wouldn't surprise me to see them take a much larger stake as projects derisk - probably through capital placements to fund development.

    They are a little Buffett in their style although they take stakes earlier than he usually did ie pre cashflow etc

    Good luck - I am interested around 30c but I doubt I will get any.
 
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