With RTG only owning 58% of the mabilo project , the current $160m valuation for 100% of Mabilo project seems excessive with gold and copper both down and possibly going lower. As for cash levels that will be down to 7.5m by quarter end. How much funding will the Mabilo project need to get to production. Will their partner be able to raise capital for their 42% share.
Gold to fall 30%, page-2
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