Analyst Research Report Snapshot

Title:

RGI INTERNATIONAL - STEADY PROJECT PROGRESS

Price:

$10.00

Provider:

Edison Investment Research

Date:

25 Sep 2012

Pages:

2

Type:

AcrobatPDF

Companies referenced:

RGI.L

Available for Immediate Download
Summary:

The main highlight of RGI’s interims was the plan to raise capital at the same time as moving to the Main market in 2013. A full listing would imply further improvement in RGI’s already sound corporate governance, as we highlighted in our recent sector report. The new capital, which is unlikely to be large, as RGI already meets the LSE’s free float requirements and has very low gearing, would be for new projects (as yet unspecified) and the further development of V Lesu. We remain positive on RGI, given the NAV discount and progress at the major projects.

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