RSG ha good quality long life mines and has been aggressively developing them and introducing full automation system at Syama which when successfully will re rate the company big time.
It has attracted the eyes of rich Egyptian families.
Here is what I am expecting, all in my opinions:
- A strategic stake by NS or his son Hany in the company.
-Listing of the company on London Stock exchange and that will attracts more investors.
-Syama is completed this month with announcement regarding this and full commissioning in June 2019.
- The Fed will pose rising rate for most of 2019 to please Trump. Gold will spike force the first three months of 2019.
- A launch of takeover offer from big Goldie’s who have presence in Mali or Africa, upon the release of more positive news from the company.
It is coming guys with low ball figure to start with at $1.55, We wait.
My thoughts.
Cheers, Sydney
Strategic partner versus takeover
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Last
43.5¢ |
Change
0.020(4.82%) |
Mkt cap ! $1.543B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.5¢ | 42.0¢ | $10.17M | 23.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 252583 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 265791 | 4 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |
