RMS 6.54% $2.28 ramelius resources limited

Ann: FY23 Guidance achieved with $42.6M quarterly free cash flow, page-18

  1. 480 Posts.
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    Anton, assume you refer to GCY as the 3rd Hub, not MGV. Correct?

    In theory if GCY is taken over by RMS, that wpuld be a 3rd mill/hub.

    The argument for RMS not to have a tilt at GCY, would be the mill is too close and in some respects will compete against RMS' Mt Magnet operation.

    However at the right price, why not nab it - provided RMS is not buying a massive liability. A lot of money has been flushed down the toilet with GCY historically. I havent follwed GCY for a while. Things can change.
 
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