RMG 0.00% 0.7¢ rmg limited

underwriters, page-23

  1. 2,986 Posts.
    x, how long is a piece of string? As I understand it nothing is off the table, nor should it be. JR has the years of experience & the respect of the industry (possibly not of all his shareholders by some of the posts recently) to look far & wide for potential to increase shareholder wealth. Personally, I think that the difference with ADD & RMG is chalk & cheese. I don't believe strongly in ADD (though I do have a fair shareholding) but in RMG I have significant faith. The difference being that with RMG, the three directors are steeped in experience in the on the ground resource sector rather than the CBD boardrooms that I think dominates the thinking in ADD. Compare the fees & costs for the pair over the last 24 months.

    My belief is that SA is the future, copper is the resource, though I wouldn't be surprised if something from left field pops up from somewhere not expected to add some spice. We ALL want to know what's happening but naturally for commercial reasons we can't, we just need to be keep the faith & wait. No one has a gun to your head to keep holding, so for anyone not happy the answer is simple - sell. I still believe there is significant upside for RMG, when & where it will come from I don't know. The broken record in me keeps saying, wait for later in the year & let's see the make up of the Top 20, who did & who didn't take up their entitlement. Copper is rising, analysts see huge upside in the metal going forward so as frustrating as it IS, I hold & believe.
 
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