Every why hath a wherefore

In The IKN Weekly this weekend…

…now that the market has appetite for the sector an gold is moving up in a positive price bracket, for the first time in a long time we’re going to take a good, hard stare at the long-term personal position Rio2 Ltd (RIO.v) and try to work out what it’s really worth in the scenarios that matter, i.e. 1) now 2) with financing package 3) under a 3rd party buyout offer 4) on its first day of eventual production. We’ll have a good old laugh and giggle about how well the rest of the portfolio is doing as well; so glad I flogged Regulus when I did, cannot thank their inept IR department enough.

Rock the yacht.

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