@Snakedance I can back those comments made by @wassa as I was the one that asked David the question during the recent RRS Twilight Conference.
David had a big grin on his face while saying, quote " we have been down this road several times before and it always plays out the same way, as soon as we near the closing date there's an avalanche of sellers."
I will say this as someone who has zero skin in the game, not that anyone probably cares what I think however I always believe the numbers, not the rhetoric.
If I was still an MGV holder I would be jumping out of my skin to get my hands on RMS shares. RMS is the most undervalued gold producer in Australia using (I think the most important near-term metric for producers) FY24 EV/FCF. RMS will be a money printing machine over the next 2 years.
MGV Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
