Interesting... RMS seems to be feeling a little more comfortable in 'including' dalgaranga in it's maps.... (this slide is new compared to past presentations).
Lots of focus on Eridanus for growth and Galaxy for extensions (but... extensions are not growth). The market wants to know how they are going to replace Penny and Cue sugar hits...
btw - did I miss it...? EVN dropping out of the J/V they had with MGV? Hopefully the RMS Geo team can do a better job than EVN (a lot of money was spent for little reward).
Perhaps the next round of drilling will show that Penny as it currently stands, is no the end? But I struggle to understand why they would not have already drilled out the 'conceptual lode' from surface...
Good to see that suddenly... Rebecca/Roe is actually sort of important now! Though.... only 1 slide? For RMS only growth asset that seems a strange way of presenting it, instead they spend 1/2 of the presentation shouting about profitability, which of course is important, but... the market also knows it's short lived.
At this point.... is RMS basically admitting that it's Spartan or nothing...??
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Last
$2.60 |
Change
-0.120(4.41%) |
Mkt cap ! $3.013B | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.77 | $2.60 | $26.63M | 10.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 46396 | $2.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.66 | 1760 | 3 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| RMS (ASX) Chart |