management may be hoping to starve retail holders of the company into submission. i for one refuse to capitulate to them. look at the quality of the assets: Blackwater one of the world's highest grade deposits awaiting development; Bowden's one of the world's best silver deposits. Bass Strait providing an excellent long-term royalty.
it isn't just holders of Royalco who suffer when management pays itself handsome fees; holders of FZR and HPR pay for it too.
i'm a Buddhist, meaning i respect PATIENCE as a Buddha-like quality.
RCO Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held