RMS market cap is $20 million
RMS cash $12 million
RMS don't have enough cash to keep in production for very long. The share price is too low to raise cash and the gold price is falling. The gold price should be below $800 by Sept 2015, this will destroy any chance of success.
RMS has chewed up $24 million in 12 months. The only people who are getting fat from RMS is the board.
rms next stop 2 cents
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 (20min delay)
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Last
$1.90 |
Change
0.030(1.60%) |
Mkt cap ! $2.171B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.92 | $1.89 | $6.303M | 3.314M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 82778 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 114974 | 13 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |