Mmm I disagree.
They haven't lost a major project. Me thinks the most recent development on Bouganville is positive for RTG... A joint venture would be a game changer.
Imminent cap raise? They've got enough in the coffers for 4 quarters, and with Mt Labo projected to commence later this year (with big cash coming their way), the days of cap raises to keep the lights on seem over. At this stage, I could only see them doing another CR to inject cash into Stage 1 of the DSO, which would be a gamechanger and the $$ on that would probably be a CR in the 10-20c range (IMO), as by then the news of proceeding to Stage 1 would be cemented and the price would skyrocket.
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