ROL 0.00% 48.5¢ robust resources limited

why now was the right time to buy andash..., page-6

  1. 153 Posts.
    Pwaldren. Sorry I may have misunderstood your question but if your are wondering why Kentor would sell Andash it is because they are in administration and in going through severe financial difficulty with their flagship Murchison project. They desperately need cash and Robust has cash. A lot of money has been spent to get Andash to the stage that it is currently at so to be able to buy it for so little is great for Robust. With the Kyrgyz Government's support and access to the money required to develop a mining operation through our multi-billion dollar partner it seems like a great deal. It is also a deal that I'm sure that they would only enter into if they had extreme confidence in being able to make it materialize into an operating mine.
 
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