Credit to MrSpice for triggering me on this, but RTG's fundamentals are pretty healthy:
- Cash/liquid assets at $5.8 million in the most recent quarter
- Just one loan at $500,000, to be repaid by March next year
- 40% held in Mt Labo
- Mt Labo owes RTG $36 million
- Galeo owes Mt Labo $47 million (37m + interest) as per Court Orders.
- RTG's share of the above (40% ownership of Mt Labo) would be $18.8 million
- 90% ownership of the Chanach project
- Landowners nominated company of choice for Panguna
So we have a cashed-up company, with one small loan it can easily pay, and 3x projects. With Mt Labo, either it moves forward to production (ka-ching), or the TVI Group pays out RTG for its share (again ka-ching).
Market cap of 36mil looks like a bargain at these prices.
Only issue? No updates from the company. If the company got more proactive in market updates, I'd imagine a lot more buying of this stock.
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Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $45.56M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.2¢ | $7.21K | 171.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 204714 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 169903 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 204714 | 0.041 |
1 | 350000 | 0.040 |
1 | 87283 | 0.039 |
1 | 300000 | 0.036 |
1 | 50000 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 169903 | 2 |
0.044 | 3305 | 1 |
0.046 | 350000 | 1 |
0.047 | 633015 | 2 |
0.050 | 996170 | 2 |
Last trade - 15.57pm 11/10/2024 (20 minute delay) ? |
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