RE: Placing? for what?3 Dec 2024 19:47
Yeah Riversgold are the 80% owner which they got for peanuts.
It’s not like there going to find funds for exploration themselves having a £1m market cap. Never mind mining.
That means they’ll have to find a larger partner. More time wasted.
Naheed should have found a suitable partner with deeper pockets in the first place.
Though she likes to go the long way round everything.
Mainly, the fact Riversgold own 80% of the project and have a market cap of £1m… Look how much they’ve moved on those average gold results..
Orcp owning 20%, having a larger market cap has flown up.
Anyone saying ORCPs share will be worth £xBillions, why not try your hand at investing in Riversgold? They own 80% of the project, 4c more than ORCP and there market cap is a quarter of ORCPs..
Just saying.