There are a number of possibilities that could play out we don't really know what the end game will be . The end game looks something between 1987 and 2008.
Even if Rms does have significant upside I believe at this point of time it's fully valued.
I'm not sure RMS has the ability to process enough gold so that the value of the new assets are realized and taken to full potential in the near future.
I wouldn't be surprised if Rms needs to do a capital raising to bring all these new assets into full production.
Consevative price target 75 cents to $1.04 approx, page-8
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Last
$1.96 |
Change
0.075(3.98%) |
Mkt cap ! $2.240B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.92 | $38.99M | 19.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76412 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 265057 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |