There's apparently no way to post this spreadsheet info. I'll see if I can post it on a web page somewhere. PB
RANGY HOLDINGS
TOTAL DEBT BONDS 2001 -$48,000,000
RR loan $20,000,000
MINERAL RIGHTS PACKAGE $50,000,000 valued @ $85 Mil. (using 50 mil to be conservative)
-- INCLUDES 15,000 SQ. KM IN S. AFRICA & NAMIBIA
The RTZ joint venture covers some 800,000 hectares (3088 sq. miles)
DURBAN 7.5 MIL SHARES $18,750,000
TGME 75% $10,000,000 VALUED PREVIOUSLY @ $14 MIL. (using $10 Mil. To be conservative.)
NAVACHAB 10% ?????
MARSF. DIAMONDS $15,000,000
TOTAL RANGY VALUE $65,750,000 1.60 PER SHARE, WITHOUT FACTORING IN
11,253,062 SHARES OF RANDGOLD RESOURCES, WHICH IS THE MAIN REASON FOR BUYING RANGY IN THE FIRST PLACE.
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