Added to YB: 2025-07-11
Pitch date: 2025-05-23
RMLFF [bullish]
Rusoro Mining Ltd.
+53.23%
current return
Author Info
No bio for this author
Company Info
Rusoro Mining Ltd. engages in the acquisition, exploration, development, and operation of gold mining and mineral properties in Venezuela.
Market Cap
CAD 496.9M
Pitch Price
CAD 0.62
Price Target
1.70 (+77%)
Dividend
N/A
EV/EBITDA
-14.86
P/E
-9.59
EV/Sales
N/A
Sector
Metals and Mining
Category
special_situation
Rusoro Mining Ltd. - $RMLFF
RMLFF: Defunct gold miner with $1.7B arbitral award vs Venezuela from 2016 ICSID ruling. Value hinges on CITGO auction in Delaware court (est. $11-13B). Rusoro likely 8th in line after $5.65B claims. Net recovery ~$1.1B ($1.70/sh) if CITGO sells >$7.4B. 4x upside potential with auction catalyst coming within 12 months. Risks: OFAC blockage, pro-rata dilution.
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