Needs to drop to 20c to clear the Opes overhang (still over 6m shares to be sold) before anything will happen. Reefton royalty will still happen. Dispute is over the start date, not whether it is valid or not. Should be resolved soon. Looks pretty cheap with market cap of ~15m, 7m in cash and three royalty streams of over $5m per annum which should all be paying by the end of the year, not to mention the massive exploration upside.
RCO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
