RMS 0.41% $2.40 ramelius resources limited

Yes Tangs, Rebecca is the key going forward.Penny will help them...

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  1. 1,326 Posts.
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    • Yes Tangs, Rebecca is the key going forward.

    Penny will help them get there with a low AISC

    But here is the kicker, I am giving an estimated guess of spending around 400 million to make this happen (KOTH Project completed within budget of $226 million and RED esimate they would need 40% xtra if they did it now) ??? in these slow times, with everything hindered by supply/person power restrants and high inflation.
    If they got the go ahead today, allow 4 years, 2026 to production and no dividend.

    So I consider $1.00 to be a fair price for RMS, hence I will not be buying back at the moment.

    Happy hunting folks!





 
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