My recall is that Plutonic would be a doer-uperer were Ramelius to buy it. A couple of processing plants, yes, but an AISC way above Ramelius's current AISC. Sure, the vendor is willing but I would prefer that Ramelius goes after what it wants to have in its portfolio not what is easy to get into its portfolio, even if that means some angst.
Even after the acquisition of NTM and its promising Redcliffe ore bodies Dacian's market cap is still only about $330m (and its near new plant has 50% more capacity than the Checkers mill).
RMS Chart, page-1584
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Last
$2.33 |
Change
0.050(2.19%) |
Mkt cap ! $2.675B | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.34 | $2.28 | $8.955M | 3.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2788 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 92898 | 8 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |