I view it this way.This is an irrelevent rights issue regarding raising capital as RMG have funds availableand this entitlement is very very conservative.This is a reward for shareholders moving forward with RMG.Where else can you achieve 100% return on the rights as Deansy pointed out earlier.Cerrtainly not BHP!
The cat is out of the bag so to speak and we can look forward to some real progress moving forward.Incidently it is very well timed given Wearing Gorge results are pending.
This is the way i see it Colonel!
RMG Price at posting:
0.8¢ Sentiment: LT Buy Disclosure: Held