Their main focus is currently on the Mabilo Project, which they have secured a very attractive finance term sheet for - just needs to get signed off now and will hopefully be done in the next week or so.
The upswing of the Mabilo Project is massive - way more NPV than when it used to operate it at $1.30 a share... The sky is the limit really.
As to Bourganville... independence needs to proceed first, and they need to secure the right partner. BOC has little chance of success there given what they did in the past.. and they lost the court case recently and have to pay costs. RTG has a great relationship with the landowners, is the preferred partner, and will soon have the Mabilo Project producing and adding millions to their coffers.
They've been slow this year, but all the ducks are in a row.
What has BOC done? Aside from losing court cases?
Their main focus is currently on the Mabilo Project, which they...
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