RMS 0.41% $2.40 ramelius resources limited

Net income forecast to grow 381% next year, page-10

  1. 1,835 Posts.
    lightbulb Created with Sketch. 1185
    Analysis of the bank balances has to be a better indication of how a gold miner is travelling compared to EPS anyway.
    So much can be changed around with creative accounting practises like the amortisation of development and equipment.
    The company tells us already that both main operations should be ‘cash flow positive’ this year, but they aren’t silly enough to predict they are going to be hugely profitable.
    We all know that costs are just rocketing in the goldfields and those most impacted have to be those groups structurally committed to large throughput, low grade ore miners like RMS.
    Last edited by Ladytradr: 03/10/22
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.