West, Certainly, Gordon can get a few new investors to invest in...

West,

Certainly, Gordon can get a few new investors to invest in ROY. But this does not mean it will get anywhere. Marcus Flies did that with several current large holders, sp still down to 3.5c.

I've seen it with MOD. MOD has dream team board members but sp at 0.8c and diluting. MOD has Julian Hanna (started WSA 5c, now $1b company) and Mark Drummond (started SFR 5c, now $1b company, he now left MOD). Together, two of them pulled FOUR BILLIONAIRES on MOD register... but sp still down and down to 0.8c (I sold out at massive profit).

MOD has problems with fallen gold price, ROY has problems with fallen iron ore price. Neither one, board members can do anything about it. FMG has fallen iron ore price too, nothing Andrew Forrest (also holder at MOD) can do about it.... may be cut cost and repay loan fast.

If iron ore price improves, than it is producers' sp rebound FIRST. Producers like AGO & FMG.... follow by explorers in late stage like SDL... than may be ROY & CAP.

I must add, I notice FMG sold their magnetite iron project to a Taiwanese company. So may be Gordon can pull something like that for ROY holders. On the flip side of coin, if FMG & Gordon truly believe the future of magnetite ore over FMG's 58% (massive discount to 62% spot price) ore, why FMG sold their magnetite project? Is it worth to repay their current loan and risk future? Or should FMG comes to Sth Australia and buy the entire area (ROY, CAP, HAV etc) with their own railway?

Just IMHO, DYOR