Gold looks like it will push through US$1,250 and copper through $2.20/Lb - starting to look bullish
I have always considered/feared RTG to be a T/O target
It is classed as top 5 deposit worldwide
The FCF generated from this thing will be huge, so I expect an opportunistic major to take it off our hands long before it ever sees production
OBS got heavily manipulated before their $170M T/O bid. They had 2Mozs @ 3.4g/t in Africa from memory. This looks exactly the same scenario
RTG under $1 is a sitting duck
They would want to get the ECC and DFS out fast and start building the SP. Luckily there is Haines and other with blocking stakes, but doesn't help if the bid comes from them !
Gold looks like it will push through US$1,250 and copper through...
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Last
4.3¢ |
Change
0.002(4.88%) |
Mkt cap ! $46.64M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.5¢ | 4.0¢ | $68.77K | 1.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 251625 | 1 |
View Market Depth
| Last trade - 15.58pm 24/05/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
0.002 ( 7.32 %) |
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.5¢ | 4.0¢ | 376618 | ||
| Last updated 15.54pm 24/05/2024 ? | |||||
| RTG (ASX) Chart |