Net income forecast to grow 381% next year, page-3

Lots of holes in that simple post.
1. What profit margin per ounce
2 What exchange rate
3. How many ounces

RMS is trading at a very high pe even if they triipple the dividend they share price sill likely trade below .70 cents.
RMS p/e of 48,
RMS should be trading at pe of 14 which would require a share price drop of 70%. if they increase the dividend by 300% It would still need to fall 50% to trade at an appropriate P/e in comparison with the industry.

There are 5 doors
1. Gold price falls and RMS profis from foreign exchange gains as Aud falls
2. Gold price falls too far and foreign exchange gains wiped out.
3 Aud goes higher and wipes out foreign exchage gains as gold price falls
4. Gold price rallies and RMS continues to make money
5 World enters recession and wipes out all profits. Gold remains low for a long time resulting in mass liquidation of mid tier gold companies.

I think RMS might be ok for 6 months and if they manage their cash properly may survive any serious correction.