Credit to MrSpice for triggering me on this, but RTG's fundamentals are pretty healthy:
- Cash/liquid assets at $5.8 million in the most recent quarter
- Just one loan at $500,000, to be repaid by March next year
- 40% held in Mt Labo
- Mt Labo owes RTG $36 million
- Galeo owes Mt Labo $47 million (37m + interest) as per Court Orders.
- RTG's share of the above (40% ownership of Mt Labo) would be $18.8 million
- 90% ownership of the Chanach project
- Landowners nominated company of choice for Panguna
So we have a cashed-up company, with one small loan it can easily pay, and 3x projects. With Mt Labo, either it moves forward to production (ka-ching), or the TVI Group pays out RTG for its share (again ka-ching).
Market cap of 36mil looks like a bargain at these prices.
Only issue? No updates from the company. If the company got more proactive in market updates, I'd imagine a lot more buying of this stock.
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Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $42.30M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $51.78K | 1.303M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 507574 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.038 |
2 | 800000 | 0.036 |
1 | 1500000 | 0.035 |
2 | 850000 | 0.031 |
1 | 30000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 507574 | 4 |
0.041 | 513000 | 2 |
0.042 | 150000 | 1 |
0.044 | 22725 | 2 |
0.045 | 400000 | 1 |
Last trade - 15.47pm 13/05/2024 (20 minute delay) ? |
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Last
3.9¢ |
  |
Change
0.001 ( 2.63 %) |
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Open | High | Low | Volume | ||
4.0¢ | 4.0¢ | 3.9¢ | 55152 | ||
Last updated 15.49pm 13/05/2024 ? |
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