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
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.64M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 250126 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 181034 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 250126 | 0.043 |
1 | 250000 | 0.042 |
2 | 254365 | 0.041 |
1 | 1000000 | 0.040 |
1 | 83333 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 181034 | 1 |
0.045 | 251625 | 1 |
0.046 | 96270 | 2 |
0.049 | 20365 | 1 |
0.050 | 1010000 | 3 |
Last trade - 12.15pm 27/05/2024 (20 minute delay) ? |
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