RGI International (LON:RGI) - Steady project progress
Sep 25th 2012 - Edison Investment Research today published a report on RGI International (RGI.L, LSE:RGI, LON:RGI) entitled "Steady Project Progress". In summary, the report says:
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.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
