The true cost of developing a mine is a lot more than $10m even if you own the plant.Maybe RMS need to fully inform shareholders what costs they are up for to develope the mine.I would also be asking some serious questions about the figures they quote on a cost per ounce.You have a high grade resource but the cost they quote is way inside the average cost of any other mine.I will buy back into RMS if I see some more disclosure and accurate cosings.
so what's the money for?, page-4
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |