Just thinking out loud here while our wait continues (neither a suggestion, nor a prediction) ... RMS' SP has been hammered down to approx 66c and could in the current financial climate itself be vulnerable to a TO. It has an operating mill and is a neighbour of RXL, which already has at least 3.2 million comparatively cheap to mine ounces of gold. What's to stop a $3.6billion market cap company with one of its mines in WA, such as EVN (but not necessarily EVN of course) from making a play for RMS, then making RXL a tempting offer? A bit indirect maybe, but ... Originally posted by smartdude
RXL Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
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