Gold to fall 30%, page-4

Dont you know this stuff? This is probably one of the largest copper gold grade equivalent mines out there at just under 6g/t eq. The cost per ounce eq should make this better than just about anything listed. They have already said they have the funds to reach production of stage 1. They have approx $12.8m in cash and receivables. Their JV partner has more money than required. One of their own mines makes tens of millions pa profit. The gold price drop is a walk in the park for RTG when you compare it to everything else listed. Sentiment is weak and people look at the headline number without working out the real numbers. If this reaches a point of not making money at that grade, then every mine in Australia will shut. dyor