4 yrs mine life is not investment grade!
I believe we can do much better if RMS can double the reserves/mine life. If they spend $50m to do that and double the mkt cap then it's worth it.
Greenfield exploration in the US won't do much for our share price even if they find something worthwhile. Just taking resources away. And Newmont has right to 70% claw back?
I don't understand why RMS keep doing things in the US. Raising money, doing presentations and exploration. There are no Australian funds in the stock to soak up relentless selling.
Ann: Record Gold Production for Ramelius - March 2018 Quarter, page-39
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Last
$1.96 |
Change
0.013(0.64%) |
Mkt cap ! $2.247B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.96 | $5.419M | 2.739M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 34470 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 37924 | 43 |
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| Last trade - 14.32pm 12/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |