RTG is bascially in the development phase of Mabilo. The deposit remains open and continues to impress with hits like 64m x 8%Cu and 2.89gt/Au. it is clearly going to be a very high grade, long life mine from everything i have read on these results for the last 2 years.
The second string to the bow is this Bunawan lease. You dont spend 5 years spending money and working towards a lease unless its seriously worth it. I think any short term sellers are just traders with little regard for research or sitting on something longer than one week. Im sure they will do us all a favor soon enough, and leave some real money on the table. Selling this now, is beyond me. It takes all sorts.
RTG have picked up some great projects and now we will be able to see drilling on 2 high grade projects when the rigs hit Bunawan. Most companies would be more than happy with just one - we have two and counting. dyor
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- Ann: RTG announces granting of the Bunawan Exploration Permit
Ann: RTG announces granting of the Bunawan Exploration Permit, page-18
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1 | 200000 | 0.030 |
Price($) | Vol. | No. |
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Simon Kidston, Non Executive Director
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