RTG 0.00% 4.0¢ rtg mining inc.

Raised US$15m / heavily oversubscribed .

  1. 12,216 Posts.
    lightbulb Created with Sketch. 3210
    Once again, these guys have slammed shut the money to local and US funds. Heavily oversubscribed tends to indicate they could have raised at least twice that amount.
    This represents 14.2% or another 33m shares. This rounds up the stock on issue to about 170m with cash on hand of approx A$23m (allowing for fees etc).
    RTG is now seriously cashed up into production and two drill programs.
    The offshore stock is also locked up for 4 months.
    This shows us what the big money thinks of the companies prospects folks.
    Sellers..good luck. Porphyry - here we come and Dr Copper looking good. Dyor
 
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Mkt cap ! $43.39M
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1 134407 3.8¢
 

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Last trade - 16.12pm 06/09/2024 (20 minute delay) ?
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