I just give an accurate valuation based on RMS position at this point in time. Not saying there is no upside.
You must understand there is a difference between inferred and proven resource and minable reserve.
I think 90% of RMS holders dont know the difference.
Today Mt Magnet is valued at $40 million, thats what they paid and thats the value.
Do you think that a major mining company Harmony Gold with 26yrs mining experience would have sold it for less than its worth.
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Last
$2.47 |
Change
-0.040(1.59%) |
Mkt cap ! $2.863B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.51 | $2.46 | $2.199M | 889.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 30067 | $2.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 85837 | 38 |
View Market Depth
| Last trade - 11.09am 21/07/2025 (20 minute delay) ? |
| RMS (ASX) Chart |