RTG 2.94% 3.5¢ rtg mining inc.

Ann: Quarterly Cashflow Report, page-18

  1. 12,017 Posts.
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    Very few relationships don't have their ups and downs, but the big picture remains intact on both sides. The guy can be difficult, but he wants to go mining as well. The biggest problem has been the JV partners slow drilling. He has completed that part of the earn in, but he was too slow IMO. Right now, they don't need more holes and if he wants the next earn in, he has to remove 1.5m tons of over burden on the permit being issued. He is playing games to get named on the permit so he can look good to the locals. That's very common up there, so RTG will probably say yes very shortly. RTG could easily say no, but it makes zero difference to the JV and its conditions. He has no extra power and his earn in remains. People should contact the company or re read the Ann. Dyor.
 
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