The price of gold is entering territory that will be the start of a golden era for ASX listed gold miners. The future is exciting:
1) A 2c + p.a FF dividend will become the norm.
2) Spending $30m+ p.a on exploration expenditure will not stretch the balance sheet.
3) The significant cash flow will open the door for corporate activity without dilution or debt.
I cannot see RMS ending 2019 below $1.00.
$1,000 margin
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Last
$2.27 |
Change
-0.030(1.30%) |
Mkt cap ! $2.606B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.29 | $2.22 | $7.884M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29957 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 319256 | 8 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |