On the exploration side let’s not forget our approx 20% holding in Loncor Gold, TSX LN, market cap around $70M.
What a monster the Adumbi Gold, DRC Project is and only 200km from the major Barrick/AngloGold mine.
Sitting on 3.66 m oz at 2.1 g/t Open Pit Resource with further exploration drilling now underway to expose what lies underneath. IMO Loncor also ready for a big sp hike which makes RSG investment look very healthy. Who knows a sale to a neighbour could be on the cards or it could possibly work it’s way into our hands!
Loncor also recently picked up approx $13M after sale of non core asset so importantly well capitalised.
Ann: March 2024 Quarterly Activities Report, page-52
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
51.8¢ |
Change
0.003(0.49%) |
Mkt cap ! $1.096B | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.0¢ | 51.0¢ | $1.611M | 3.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 206493 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 507538 | 30 |
View Market Depth
| Last trade - 14.13pm 27/06/2024 (20 minute delay) ? |
| RSG (ASX) Chart |