Good article...
http://www.theage.com.au/business/m...-hunt-asx-gold-companies-20150216-13ea0e.html
and i quote:
"Projects here are trading at $4 to $10 an ounce, that in a normal market you would expect to be $50 to $60 an ounce."
Looking at Mabilo alone, a $60 per ounce valuation at 2M ounce equiv would give RTG a market cap of $120M. Keeping in mind this is an article based on Australian Gold Deposits and RTGs deposit is in phillipines one would have to expect the equivalent price per ounce to be much higher given the cost of digging it up is going to be far less at Mabilo.
Good article......
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