RCO royalco resources limited
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Gold now over $1200 AUD per ounce. This has an immediate and...

  1. ASXIOU
    931 Posts.
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    04/11/09
    22:26
    Post #: 5873803
    Gold now over $1200 AUD per ounce. This has an immediate and direct effect on RCO's bottom line and the amount that we will receive in dividends starting early next year (only a couple of months now).

    Don't forget they are holding 3350 ounces of physical gold on hand that they can sell when and if they like although I reckon they'll hold onto it a while longer.
    RCO Price at posting: 40.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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