What you don't realize is only 1% of exploration is successful. There are hundreds of asx listed exploration companies and over the last 6yrs less than a dozen have started a mine.
I am surprised you believe if you drill enough holes success will follow. RMS board don't need any success, they are paid around 200k plus and have millions of bonus options. Assets of $90 million plus in the bank allows them to live off company assets for 20yrs.
ann: becoming a sub holder for drm, page-21
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Last
$1.90 |
Change
0.030(1.60%) |
Mkt cap ! $2.171B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.92 | $1.89 | $6.303M | 3.314M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 82778 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 114974 | 13 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |