RE: Late buys16 Jan 2026 17:26
Still waiting for one of trolls to explain to me how riversgold fund raise affects our 20% of profits of the 50/50 split we have for northern zone?
Besides the fact their capital raise might be for something like more licences, or take over of something else?
"MEGA Resources is a full-service mining contractor that will now be providing all of the funding for the operation, through BGR Pty; MEGA Resources will also provide geological and engineering services and manage project approvals."
"Mega Resources has a partnership with mining giant BGR Mining & Infra Limited, which owns BGR Pty, and which will provide funding for mining operations at the Northern Zone."
· "No upfront funding is required from the Project Owners."
" Mega Resources has a partnership with mining giant BGR Mining & Infra Limited, which owns BGR Pty, and which will provide funding for mining operations at the Northern Zone."
· No upfront funding is required from the Project Owners.
So once again what are they raising for?
"10% of monthly profits (funded on a 50/50 basis) will be reinvested back into grade control and step out drilling."
Are we raising, no as far as we know and why would we on a free ride?
So again what are they raising for? could be a double super whammy of fantastic assays results and as said buying more licences or somebody..
plus "MEGA Resources is aiming to break ground during the first quarter of 2026" so not long to wait!