RMS 4.67% $1.91 ramelius resources limited

Where's The Pullback, page-3

  1. 1,109 Posts.
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    The factors that were holding us back- relatively high costs and short reserves (compared to our large resource base)- are being resolved by the high gold price, higher drilling expenditure and acquisitions.

    There may be short term pullbacks, but there's still plenty of upside just to get to the same valuation as our peers, especially given resources and reserves are about to grow quickly from Marda and TH. These figures are from the end of January without Marda and TH:

    https://hotcopper.com.au/data/attachments/1474/1474775-edd002e56fcf97f518731f6afd73a661.jpg


    https://hotcopper.com.au/data/attachments/1474/1474773-7aeb25780911cfac7c0342b9ec603792.jpg
 
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$1.91
Change
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$1.90 $1.91 $1.87 $4.797M 2.533M

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