Ace, I'm a declared RMG fan but to pick up on your point of "RMG is a beautiful thing" don't forget that beauty is in the eye of the beholder. I'm surprised that the lonely parcel of 50k at .009c still sits orphan like on the offer side, I'd have thought a Smart Investor subscriber might have nabbed them. That said, we live to fight another day & by the look of cash on hand that might be live to fight another 18 months. MP is sort of correct that for funding by way of loan or equity, a proven resouce will be required. But my reading is that we can do a fair bit of leg work over the next 12 - 18 months to do that, hopefully the economy might have bottomed & be picking up by then.
Looks as though our chinese visitors have been hijacked by OZL & FMG. With any luck, they might still have a few spare Yuan to throw JR's way. I do love the moniker of JR, reminds me of that swashbuckling scallywag of Texas oil in the 80"s tv show Dallas.
I wonder if we could convince HC to change the definition ST Buy from short term to Screaming Buy?
RMG Price at posting:
0.7¢ Sentiment: ST Buy Disclosure: Held
