$130 mil rise in cash for the quarter, no significant capex required, consistent quality management, $400 cash in the bank.
It seems a lot of risk is removed also having satellite mines everywhere, you don't get the business interruptions everyone else seems to have.
RMS will consistently be alright for a few years now with a serious buffer in gold prices and management always looking for more dirt to process with there proven method.
RMS does not seem to make many mistakes either, like the Karora deal didn't match the criteria and they cut it loose.
Ann: Record quarterly gold production for Ramelius, page-40
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Last
$2.14 |
Change
0.030(1.42%) |
Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.16 | $2.11 | $9.988M | 4.672M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2719 | $2.14 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 321 | 1 |
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| RMS (ASX) Chart |