RE: RE: All Good NewsIt is easy to understand why the difference between Alterra and RAM (alterra market value more than 3 times Ram). Just because AXY has a very healthy balance sheet, generating ton of free cash flow.... not the case of RPG at all
Today RPG announced that they are paying their loan to sprott at 16% IR. Which is some kind of desperation. Just have to remember that NGP get 18% from a part of it loan exactly and could never been free cash flow even if their are operating their plant since 2 years and close to bankruptcy. No wonder why RPG collapsed on huge volume today on that news. This is so bad for RPG. 16% on sprott credit facility will kill them.... Market seems to think the same.....
Again another very bad news that will bring down RPG in the 20 cents very quickly.......
U have been warm cosmicpump.....