A bit harsh it seems Esh.
It seems that many big investors and insto's won't invest in stocks with a limited mine life. That's why Van Eck, Hunter Hall and co are buying up other goldies, but giving us a miss. While retail investors like us can read the tea leaves not everyone wants to speculate on what might happen when you have the option of investing in a more de-risked enterprise.
Clearly RMS feels the same with a 15m exploration spend.
But I do get your point that we are spewing out cash and fully expect that additional resources / reserves will be rolled out given all the exploration targets on hand.
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Last
$2.47 |
Change
0.095(4.01%) |
Mkt cap ! $2.845B |
Open | High | Low | Value | Volume |
$2.38 | $2.47 | $2.37 | $13.03M | 5.371M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 118644 | $2.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.47 | 112130 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 147942 | 2.450 |
24 | 189147 | 2.440 |
19 | 217974 | 2.430 |
18 | 124235 | 2.420 |
19 | 172276 | 2.410 |
Price($) | Vol. | No. |
---|---|---|
2.460 | 50290 | 17 |
2.470 | 189984 | 25 |
2.480 | 407720 | 16 |
2.490 | 128922 | 15 |
2.500 | 97931 | 16 |
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