RMS ramelius resources limited

lessons to be learned

  1. 5,652 Posts.
    lightbulb Created with Sketch. 157
    1 Giving too much away
    Companies often give away assets then buy them back at a premium .
    Don't farm out our assets or give parts away.
    2 Not drilling deep enough
    I have a feeling RMS don't drill deep enough, they might be wanting to increases resource as a priority but deeper drilling is advised. I would like to see some holes down to 1500 meters.
    3 Don't wait until a company is a monster before you make a move.
    I think they were sleeping on this one and it cost them.
    4 Don't forget to hedge
    We are in new territory and the gold price move could unfold very quickly.
    Citi is forecasting 3000 usd by the end of 2025. Wealth protection is better than greed.
    5 More spending on exploration.
    RMS market cap, cash on hand and upside demands more exploration. this whole region is a pot of gold.




 
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(20min delay)
Last
$2.72
Change
-0.080(2.86%)
Mkt cap ! $3.152B
Open High Low Value Volume
$2.79 $2.79 $2.71 $16.31M 5.976M

Buyers (Bids)

No. Vol. Price($)
9 144855 $2.70
 

Sellers (Offers)

Price($) Vol. No.
$2.74 122397 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
RMS (ASX) Chart
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