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4.3¢ rtg mining inc.

Ann: Change of Director's Interest Notice, page-14

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vontrader

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16/02/15

13:54

Post #: 14762245
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Originally posted by copperroad ↑

The problem with the oz based gold stories is the shear cost of labour, materials, red tape, small grade, power, isolation costs, endless hidden taxes etc etc etc.
I think the market has worked out that large low grade plays here won't be coming out of the ground. Costs are around $1100 per oz for many gold producers as it is. This is why companies like SIR, SFR and RTG will win. They actually have the grade to make a real profit (when govts dont try and tax it more).
The moment someone tries to buy a company like NST, the stock price will explode and everyone will want a lot more money for the company.
PIR was bought for approx $120 per oz in the ground by B2 with another $400m needed in capex. It all has a lot to do with mine life as well. RTG already exceeds 10 years. My own back of the envelop numbers suggest RTG can make its market cap pa in stage 2 already. This is like trading on a forward pe of about 1 when stage 2 kicks in. It has to rerate in due course, because the numbers wont lie imo . dyor

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Copperroad

Any timeframe on granting of the DSO license ?

I still think they need some retail research. It will not take much promotion and interest to get this heading north

RTG Price at posting: 68.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.3¢		Change 0.004(10.3%)		Mkt cap ! $46.65M

Open	High	Low	Value	Volume
3.9¢	4.4¢	3.9¢	$43.30K	1.038M

Buyers (Bids)

No.	Vol.	Price($)
2	320000	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	300000	0.042
2	949238	0.041
1	250000	0.040
2	273184	0.039
1	1000000	0.038

Price($)	Vol.	No.
0.043	100000	1
0.044	100000	1
0.045	150854	1
0.046	96270	2
0.049	20365	1

Last trade - 15.53pm 05/07/2024 (20 minute delay)

RTG (ASX) Chart