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.
On the exploration side let’s not forget our approx 20% holding...
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Last
65.0¢ |
Change
0.025(4.00%) |
Mkt cap ! $1.383B | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 66.0¢ | 63.0¢ | $6.505M | 10.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15111 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 185677 | 8 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |