RSG Needs Grand Plans and Visions

Shareholders have honoured management requests in capital raising and asset rearrangement according to their priority and stages of development.

Now it is management's term to turn the company around.

As shareholders, we should trust management reports on the company affairs as the only legal source. Other sources cannot be serious as they have no responsibility of their validity.

Now the SPP is over and we wait for the final result. One encouraging thing is the institution offer was completed one day ahead of schedule. Those are clever guys.

As to the retail offering I think it should be over subscribed as well as the management offer. Once the dust is settled, we will hear the grand plans.

One should know a couple of months ago, when the gold price was USD1450, the RSG sp was A$1.20. Now the gold price is USD1630+. RSG sp is A1.185. We need to ask what is the difference between RSG now and then. Is the SP justified?

So it is good to think over the week end. See what happens next week!