RTG

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RTG received an MPSA !, page-58

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45 Posts.

30/03/17

17:32

Post #: 23748666
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Originally posted by vontrader ↑

If you sign a JV that says you will do X, you don't do it, you are requested to comply and refuse multiple times, then you have breached the terms of the JV

If the terms of the JV state that such breach grants the suffering party the right to terminate the JV and acquire the breacher's interest for negligible consideration, what is the issue ?

- Has Eric fulfilled his commitments under the JV, yes or no ?

- Did Eric try to block the exploration permit trenewal being issued in local Philippines court and lose, yes or no ?

As to your other questions about continuous disclosure,

- The DMPF is for the MGB, All this information would have been disclosed to shareholders in the DFS

- The Nalesbitan project already had a 'mining permit', RTG did not apply for a fresh permit, the had this converted to the new one which shows as the MPSA. It is not a major project, had little exploration and until the DENR allow consolidation of projects (i.e it and Mabilo), it was not material to announce. If it is not material, then it is the company's discretion whether to disclose or not - they likely saw it better to continue laying low and not rub this in the face of newly appointed Gina

Do you not believe a quick resolution is at hand ? Do you think if Eric has black and white breached multiple contracts and the conditions state he is to lose his share for nil value, do you think he will win let alone continue with it ?

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"The DMPF is for the MGB, all this information would have been disclosed to shareholders in the DFS"

Just how immaterial is the DMPF issued by the MGB
Lets see how other listed companies react when they got their DMPF,
and how they describe what the DMPF is ...

http://tvird.com.ph/tvi-pacific-ann...claration-of-mining-project-feasibility-dmpf/

http://www.interaksyon.com/business/109215/philex-bags-final-regulatory-permit-for-silangan-mine

http://business.inquirer.net/205168/mgb-approves-dmpf-for-kingking-gold-project-in-compostela-valley

http://www.*****.com/news/2015-04-23/Tampakan-copper-mine-gets-LGU-endorsement.html

Is it the DMPF noteworthy?
No rumors here ....
Just posting links

RTG Price at posting: 17.5¢ Sentiment: Sell Disclosure: Not Held
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RTG received an MPSA !, page-58

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

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RTG received an MPSA !, page-58

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

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