Hey @Dianella 68,
You are of course correct. RMS would have included the bullion. I think I was trying to say two things at once, AISC may be great (but... not amazing when not all the gold will be sold). The cash generation is still a staggering figure. I can only imagine what a 'normal' stock on the ASX would have done with that sort of result. Just shy of $80m free cash flow.
Wish my crystal ball had been working when RMS was just a few cents...I appreciate the positive feedback on the posts. May I ask if you have any differing views on anything I have posted in regards to the update, or the LOM? I am trying to always ensure that I am not getting overly positive on RMS. No mining operation is without risk.
I wonder why RMS is continuing to hold on to the debt facility. Flexibility for a further acquisition? Insurance policy if some crazy Victorian sneaks into WA? - (That's a joke everyone, I live in VIC!)
Ann: June 2020 Quarter Production Update, page-24
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$2.09 |
Change
0.040(1.95%) |
Mkt cap ! $2.392B | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.15 | $2.09 | $5.613M | 2.661M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.10 | 190880 | 3 |
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| RMS (ASX) Chart |