We'll need $200m for BLK, to have the right to go broke!!! If people think Rms is cheap then we can't use scrip to purchase another co, as already pointed out by samscout.
Why do we need to buy anyone because of real or perceived weakness in mine life to address that issue? And will that improve Rms share price? In the short term, we'll suffer; long term not given we'll be better off. Nothing cheap anymore. There are plenty of opportunities in our own backyard.
Last RIU presentation, 2017 key focus areas
1) mine life extensions
2) fast track project development
3) maintain strong capital position
If you want divvy, we'll need no.3
RMS Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held
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