Mate sent me a copy of the report. It's very bullish.
it outlines the RTG management teams cred for fast tracking the project into production, the potential for this to be sitting on a Porphyry body, Skarn ore bodies remain open in the high grade, just scratching the surface (their words) , they think its the most likely short term project to move into development on the market, I think it's a very solid read, It is ultra conservative at 69c IMO. I guess its an initial coverage document. I reckon they left that number behind well before the last drill results. They also suggest that the rsource and valuation will grow with more releases. No surprise in that. I'm looking for more results this month. Merger basically gets completed this month with no more dilution, and then the real show can start with only 110m odd shares on issue. I'm sure the company might put the report up on its web site or anyone can ask them for a copy. Dyor
SRM Price at posting:
38.5¢ Sentiment: ST Buy Disclosure: Held
