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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 Sep 12, 2013 11:01am
172 Views
Post# 21735499

RE TORO

RE TOROWhat do you mean how?
It will definetly won't increase uranium grades at Falea.
We will became partial owners Toro, just like now, partial owners of RGT. If Toro's value will increase (I do not mean day-to-day share fluctuations. but due to fundamental improvments), then you will be richer as well.
RGT spent roughly 61m developing its projects, MGA 228m
Book value RGT 28M, MGA 150 M.
Of course, there is difference between spend and waste, but MGA, just like RGT was developing not dry holes, but deposits with locked value in them too, now it has smaller piece of bigger pie - Toro.
Biside Toro, here is 20-25% of NexGen which is  right next to Alpha's PLS, and few other investments.
Through MGA, RGT plug in to politically risk free projects (Australia, Canada, Finland) and net of strategic partnerships, through RGT, MGA would have new flagship with growth potential hopefully to medium size one (50-80mln pounds), cash, but in extremely risky and unstable environment.
Sounds like mutual benefit.
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