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Business Description: Robust Resources Limited (ROL) is a precious and base metal exploration and development company in Indonesia and the Philippines. Its flagship project is the Lakuwahi project located on Romang Island in Indonesia's endowed Banda Magmatic Arc, 650km NW of Darwin. The majority of the exploration has revealed gold silver with base metals.
Strategy Analysis: ROL is focused on aggressively exploring for precious and base metals on Romang Island, Indonesia.
Robust Resources announced that the Company has made substantial progress on its ongoing exploration and development program at its mineral deposits of oxide Au-Ag and polymetallic base and precious metals on Romang Island, Indonesia. The Company reported it has commenced a large drilling campaign for 2012, using all the financial, human and material assets at its disposal. Robust have now commenced a major drilling programme designed to test fresh targets, as well as follow up extensions to the known mineral deposits. This 20,000m programme will run for the duration of calendar 2012, utilising eight (building to ten) exploration diamond drill rigs in both north and south Romang Island. Initially, eleven prospective Lakuwahi targets will be explored.
Nick Swales, Regional Director, Newcastle Office, Rathbones 27/10/2014 |
â€śIf you want to have a better performance than the crowd, you must do things differently from the crowd.â€ť Sir John Templeton.
Ric Spooner (Chief Market Analyst, CMC Markets) 20/10/2014 |
Today, Australian investors will not have to go it alone buying stocks as they did for much of last week. Bargain hunters this morning will be supported by the morale boosting encouragement of a 3% turnaround in the German Dax and a 264 point rally in the Dow Jones.
Carl Richards, director of investor education at the BAM Alliance 17/10/2014 |
â€śAs odd as it may sound, the sooner you start treating your investments like you treat life, the happier youâ€™ll be with the outcome.â€ť
William H. Gross, Janus Capital Group 16/10/2014 |
â€śFinancial markets are artificially priced. In the bond market, there is nothing normal about a three year German Bund yielding â€śminusâ€ť 10 basis points.â€ť
CMC Markets 8/10/2014 |
Share market indices around the globe are breaking down. While analysts cast around for reasons, itâ€™s clear that a time factor is in play. Simply put, many investors â€śfeelâ€ť a correction is overdue. How low could it go?
The Age 19/12/2013 |
Ten Network's programming ambitions will be funded by a $200 million loan guaranteed by three of its billionaire owners, as the free-to-air broadcaster declared digital was the future and pointed to early signs that its switch to an older market demographic was working.
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