CORPORATE OVERVIEW
FINANCIAL SUMMARY
| Number of shares | 1,282M |
| Options (ex at 20day VWAP, expiring 8 Sep 2022 | 18M |
|
Convertible Notes
|
0.4M
|
Source: IRESS
KEY SHAREHOLDERS
| Board & Management | 18.0% |
| Athol Emerton (Mozambique logistics/resources businessman) | 8.63% |
| Kyle Haynes | 6.83% |
| Ian Macpherson | 6.32% |
FINANCIAL CONSIDERATIONS
RBR is significantly undervalued given it has:
No debt
A modest cost profile and positive outlook on future cash generation
A robust, compelling and replicable business model, requiring minimal capital investment
A very experienced board and management team
A strategy which utilises partnerships and JVs with sector experts/leaders to accelerate entry into target sector