Basically, A$ gold price is the more relevant because our costs are in A$ and our share price is in A$.
A$1000/oz margins are rare and very attractive, RMS share price should start to reflect it before too long.
ATM we’re seeing rising USD and rising USD gold price (its near record price in USD too) so right now as AUD falls against the USD + at the same time we get a rising USD gold price, this is a double whammy for AUD gold price and RMS margins will be very attractive.
- Forums
- ASX - By Stock
- RMS
- Ann: Becoming a substantial holder from MQG
Ann: Becoming a substantial holder from MQG, page-19
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B |
Open | High | Low | Value | Volume |
$2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 96948 | $2.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.15 | 39393 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 715 | 2.130 |
4 | 29735 | 2.110 |
2 | 7735 | 2.100 |
2 | 10235 | 2.090 |
2 | 7715 | 2.080 |
Price($) | Vol. | No. |
---|---|---|
2.160 | 3600 | 1 |
2.170 | 7060 | 1 |
2.180 | 46639 | 3 |
2.190 | 10443 | 1 |
2.200 | 71043 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
RMS (ASX) Chart |