If I thought gold would bounce I would throw $20k at RMS, but I don't believe gold will bounce. I also am less confident in the board being about to manage any gold mine long term. The board failed to create a long term sustainable mine with record gold prices.
Why would anyone believe they could at these price or even if the gold price did recover which it will not.
There is no country big enough to trigger another gold bull run.
rms next stop 2 cents, page-4
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Last
$1.89 |
Change
-0.045(2.33%) |
Mkt cap ! $2.162B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.94 | $1.88 | $7.821M | 4.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 89751 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 14263 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |