So looks like rumours are floating around that its the Villar Group that has purchased the other 60% of Mt Labo (unconfirmed). Surely an announcement from RTG soon as to this material development?
But surely this could be very, very, very good news for RTG. Partnering with a local powerhouse company, worth billions, that would want to get the mine up and running... This would be a big step up from the previous local group that couldn't even agree to get the mine launched.
The Villar Group of Companies, led by former Senate President Manuel Villar Jr., is engaged in property development, retail and banking through subsidiaries Vista Land & Lifescapes Inc., Starmalls Inc., Golden Bria Holdings Inc., All Value Holdings Corp. and AllBank
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