Panguna and Trump Securities

As I understand it, and please correct me if I am wrong...

A USD$34m war chest has been raised via Hartleys and Trump Securities capital raising (see ASX announcement) to support RTG for Panguna. RTG was valued at less than half that before yesterday.

Anthony Scaramucci (The Mooch) has reportedly been involved in hedge fund deals with Trump Securities, not that I can confirm or even would even imply that has anything to do with this deal, or even that those reports are true.


Panguna landowners do not favour BCL (BOC) from the reports I have heard, but I have no guaranteed proof for or against.

The new RTG investors also appear to support RTG with the Mabilo project in the Philippines, given that is one of the plays they are investing in. Once again that is speculation and I do not know what value they put on Mabilo and what risk they are factoring in on that play.

Trump and Duterte seem friendly, not that I have any proof there is any connection between Trump's relationship and these projects. I am not and would not imply such a thing.

Let political games progress as they may. As a general statement, in my opinion it is always a fact that money and power talks.

I offer no advice, but I would say to you consider you position right now. Make your own choices.

These are personal views and opinions and should in no way be taken as financial advice or factual claims.
And as always, do your own research. I accept no liability should you misinterpret the personal views and opinions which am expressing in this post.

I wish you all the best in your future investments, as well as health and happiness for you, your family and all those for which you care for and love.

DYOR