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Royce Global Trust Inc T.RGT


Primary Symbol: RGT

Royce Global Trust, Inc. (the Fund), formerly Royce Global Value Trust, Inc., is a diversified closed-end investment company. The Fund's investment objective is long-term growth of capital. The Fund is focused on investing 80% of its net assets in equity securities, such as common stock and preferred stock. The Fund generally invests a significant portion of its assets United States and non-United States small/mid-cap stocks. Under normal circumstances, at least 40% of the Fund's net assets will be invested in the equity securities of companies headquartered in at least three countries outside the United States. From time to time, a substantial portion of the Fund’s assets may be invested in companies located in a single country. Although there are no geographic limits on the Fund’s investments, no more than 35% of the Fund's net assets may be invested in the securities of companies headquartered in emerging markets. Royce & Associates, LP acts as the Fund’s investment advisor.


NYSE:RGT - Post by User

Post by superscepticon Aug 14, 2013 10:37am
239 Views
Post# 21669258

Good news started to piling up

Good news started to piling upMerger arrangement is not news or plans, but it is  "Definite agreement", that make situation more predictible and less risky. End date Oct. 31
Plans already pronounced Uranium Capital will be combination holding company + Falea;

Mali election was called by international observers as "credible and transparent" with "large turnout"  that gives Keita strong mandate to deal with separa***** North,

Europe is out of recession and China re-accelerating, which if sustainable will increase demand for energy. New report also showed that oil shale revolution outside of US is unlikely, which will limit options.

Now we need two more - good drilling result and decent PFS and good industry news - uranium prices and present 18-20M capitalisation for RGT will be viewed as lost opportunity.

Of course, the good number of risks still present, from instability in Mali to not as bullish spot prices rise, to "green" coal development,  to new nuclear disaster (the worst fear, probably), but there are more stations under constructions than in question, they will need uranium.

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