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.
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