ASX ann: has Resolute upgrading Ghana reserves @pc of $821 an oz.
Looks like the $73m spent from recent fundraising will pay off.
The board is indeed resolute and aggressive in expanding for 2018.
IMO, please correct me if I am wrong, but, all the "GOLDIES", seem to
be planning for a big 2018, and RSG could be huge if they are right.
RSG has upgraded reserves in AFRICA, and has stakes in various entities,
that are sitting on reserves, but can't get the AU out of the ground.
From my understanding, RSG has a 19.9% stake in MANAS(MSR), and
has tenements all around a proven resource that MSR has.
RSG board is very clever, and will probably "squeeze" MSR out, without
a takeover offer. I could be wrong, but RSG doesn't pay a premium.
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