RMS 1.59% $1.92 ramelius resources limited

re: Ann: December 2012 Quarterly Activities R... Jojo, thanks...

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    re: Ann: December 2012 Quarterly Activities R... Jojo, thanks for the requote which was actually directed at you. You were rehashing old news and I didn’t want new thread readers to think otherwise, hence the caution. They were no doubt a good set of drill results, RMS has excellent drill results, but thus it all blows against the wind of steep share price discount applied due to the perceived stigma of poor management.

    I am not bashing RMS; I simply hope to provide a balance and constructive view for both existing and future holders. I believe it is undervalued hence the effort. But there are roadblocks to realising value for shareholders which can’t be overcome by the simple passage of time.

    There are good and bad ways to transition/turn around a company and to communicate the prospects of Mount Magnet. It’s a challenging task, requiring skill… and may well be beyond the scope of the existing management/executive team.

    Thanks also for parroting the nuances of a quarterly report.
 
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