RE: Calling granto's !!5 Dec 2015 15:11
Hi Granto
hopefully I doubt GEM will make an offer, otherwise they would have not sold RLD shares some months ago.
About minimize costing and expenditures, I definitely prefer RLD been managed by current Board, then by some GEM Directors, which proved that once with a bit of cash in hands, they are able to squander it easily....Faberge comes to mind.
Looking at Rld from another angle, once production and market price has been established, we have some 100 million Crts. resources for 30% license explored, plus 2 new licenses.
At current market capital we are valued at 10p x Crt, without considering further explorations..