Agreed. $2.50 or more is possible in the medium term say 3 years, and MC north of $4b, with some bolder M&A. Another scenario is RED, their production equals WGX more or less and has 16 years of reserves in one mine, compared to WGX multiple operations and shorter reserves. RMS + RED would do >550kozpa in a few years once Roe-Rebecca comes online even without Edna May, and a proforma MC today of $2.1b, I could easily see that doubling to $4b if we do >550kozpa. EVN, and the former SAR and NST being the yardstick when they were that size.
- Forums
- ASX - By Stock
- RMS
- Ann: Change of substantial holding for MGV
Ann: Change of substantial holding for MGV, page-13
-
- There are more pages in this discussion • 12 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
Add RMS (ASX) to my watchlist
|
|||||
Last
$1.94 |
Change
-0.020(1.02%) |
Mkt cap ! $2.200B |
Open | High | Low | Value | Volume |
$1.90 | $1.95 | $1.89 | $3.522M | 1.828M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 33041 | $1.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.95 | 23738 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 124218 | 2.040 |
5 | 3476 | 2.030 |
2 | 12602 | 2.000 |
4 | 29456 | 1.990 |
1 | 12355 | 1.985 |
Price($) | Vol. | No. |
---|---|---|
1.750 | 44374 | 1 |
1.770 | 99753 | 1 |
1.790 | 8524 | 1 |
1.795 | 46113 | 1 |
1.820 | 9936 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
RMS (ASX) Chart |