Yes., can see what you mean. And you are correct.
Lawson should be more professional than that.
I am guessing he is over the moon and feeling bulletproof after the 12 months SPR has had.
RMS will have to get another production hub going if Edna May open pit extension is a no goer.
But , They have the funds and the cash flow to do that.
Hope they don't panic and give the go ahead if its only going to be marginal.
In that case , sell Edna May and do something else.
Plenty of cash and unbelievable cashflow next 24 months.
Very possibly over $1 billion iwithin 12 months if they monetise 20% SPR holding.
Thats if SPR takeover not possible.
Ann: Noosa Mining Conference - Company Presentation, page-52
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |