So you are saying that 100k ounce per year production or $100 million per year profit is not good enough for Harmony.
In the scheme of things most companies that make $100 million have profit, have sales of around $1 billion plus.
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Anyway I am sure RMS will do ok in the long term but the market is very fickel and its interesting to say the least.
My concern for Mt Magnet is grade. If the grade is not right, will they chase it and cost the company $50 million.
Chasing gold can be costly, resources dont always deliver the same results in real terms. Bendigo mining was a good example.
quarterly update, page-61
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Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $2.347B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.11 | $2.04 | $6.948M | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12337 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 4000 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |