RMS 0.77% $1.94 ramelius resources limited

Ann: FY20 Financial Results and Dividend, page-9

  1. 38,281 Posts.
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    So 2c divi when perhaps they could've afforded more .
    Seems like they really want to maintain that war chest and are serious about having options if the right opportunity presents .
    Haven't paid off that small debt yet either !
    Admittedly with Tampia , Penny West and EM cut back there will be quite a lot of cap ex needed over perhaps an 18 month period a little way down the track but cashflow should mostly cover I would've thought .
    Reading between the lines they are still out there hunting prey !
 
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