RMS 3.01% $1.94 ramelius resources limited

100 million in the bank, page-2

  1. 872 Posts.
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    aberfan,
    I can't think of too many other companies in such a good cash position, but I don't know all the ASX listed companies!
    A regular dividend should also be on the cards, 2 cents would cost RMS just under $6 million and still leave enough for ongoing costs and getting Mt Magnet up and running.
    Wattle Dam alone is making approx $20 million profit per quarter!
 
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