""Plenty of time to find more reserves or acquisitions""
or
be acquired by an enterprising fund which has no interest in funding exploration activity and funds its acquisition of the company with the above free cash flow and enters into a joint venture with a gold exploration company which conducts the exploration for a majority share of eventual production.
On current indications - RMS price 38.5 , present margins of A$500 + and locked out to 2022 thru futures prices - the free cash flow generation will exceed $350million . Easy to round up some financiers with a partial and controlling offer.
- Forums
- ASX - By Stock
- RMS
- It's all about Edna
It's all about Edna, page-11
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.28 |
Change
0.140(6.54%) |
Mkt cap ! $2.617B |
Open | High | Low | Value | Volume |
$2.24 | $2.30 | $2.18 | $24.38M | 10.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 48057 | $2.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.29 | 5243 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13000 | 2.250 |
3 | 20282 | 2.240 |
1 | 9836 | 2.230 |
2 | 59836 | 2.220 |
1 | 9836 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.300 | 189349 | 10 |
2.310 | 46567 | 5 |
2.320 | 46604 | 5 |
2.330 | 9836 | 1 |
2.340 | 13236 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online