Post by
stockbaby on Jun 29, 2013 1:14pm
The Fundamentals are (The Company is easily worth $0.20/per share see my posts
that if an appraisal of their holdings were done..................the appraised value oif the leases will far more than a $0.01 per acre......................holding %% see below:
Linc's acreage in South Australia lies approximately 40 kilometres to the east of the acreage held by Rodinia. In total, Rodinia owns an 85% net working interest in approximately 23 million exploration acres, consisting of PEL 81, PEL 253, PELA 303, PELA 445, PELA 351 (all in South Australia) and EPA 14/08-9, EPA 15/08-9, EPA 3/09-0 and EPA 4/09-0 (all in Western Australia). Rodinia has also acquired and processed approximately 4,045 kilometres of new seismic data, reprocessed 1,363 kilometres of existing seismic data and subsequently interpreted a total of 6,153 kilometres of seismic data, all in PEL 253 and PEL 81.
The whole presentation of ROZ has not been correct......................I say the acreage is worth at least $0.50/acre and thereby creating a stock value of $0.20/share. The urgency is that the Company gets this done before they enter some sort of reorganiztion.