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.
Agreed. $2.50 or more is possible in the medium term say 3...
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Last
$1.95 |
Change
0.005(0.26%) |
Mkt cap ! $2.233B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.96 | $1.95 | $2.213M | 1.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 46733 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 26463 | 21 |
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| Last trade - 12.54pm 09/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |