I am actually alarmed on the absence of an announcement of the MPSA renewal
It was a major milestone and already appeared in official government documents
The date of the renewal also synchronizes with the news of an impending mining license at that time
Normally, RTG would have put that announcement on the front and center of their releases
The Haines sales was also without much news and really surprised me
Looking at the price action from May 2016 to date, I really question the ability of regular shareholders
to keep updated on corporate news
It appears that shareholders are expected to have to call the head office to get any news;
and it appears that some shareholders are playing on price action that only they understand
I am also worried on the current cash position being used up on legal fees
The legal eagles used are the best that money can hire in the country
But knowing their standard fees, I am not sure how this affects our cash position and
the ability to take on new projects in PNG
Seems they are quick on the gun when announcing future plans, but short on keeping us updated on current news..
RTG Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
