RGL 16.7% 0.7¢ riversgold limited

I agree mostly in what you are saying . However it is how he...

  1. 12,830 Posts.
    lightbulb Created with Sketch. 15644
    I agree mostly in what you are saying . However it is how he sets about ' obtaining ' that extra holding. The main thrust of my post was to show that he only had to sell roughly 9 odd million of his first 13 million ( at the lowest price point of 2.6 cents ) , to effectively pay in FULL is outlay for his allocation of 11 odd million. So this puts a support level in my opinion of at least 2.6 cents.

    From there , I would assume he participates in Tranche 2 as well given what looks to be an opening up in the RGL register .....pending further substantial notices of potential changes among our previous Top 20 . I agree he has seen a ' Massive ' opportunity across what looks to be a ' Grab Bag ' of premier Gold Asset's ..... combined with a rather loose Register......wink.png Best time to get set . Especially if the price is right , and 1.1 seems to be what he will start with . All of which will most likely be ' Free Carried ' if I am right .....with about 15% following Tranche 2.

    I guess this is why Guy's like him can seemingly afford to be longer than most. The big question is how they propose to keep the ' interest ' high at around 2.6 - 3.0 cents so that he can achieve this. There will have to be some further ' Heavy Lifting ' done by some of the others and possibly some of the ' New ' holders which we are yet to be aware of who they are.......sneaky.png
 
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