RMS 4.02% $1.94 ramelius resources limited

Ann: Melbourne Mining Club Presentation - Sept 2015, page-10

  1. 12,259 Posts.
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    Rosencrantz,

    RMS aren't anywhere near TBR in terms of how strong their cash position is. Maybe when RMS beds down its cash flow in a year it might be a good option for them. Currently while they are carrying a bit of development risk I wouldn't be in favour. Let them start pulling ore out of Vivien first.....And by the way the TBR/RND buy backs have been going for years now.

    Eshmun
 
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