For those looking for some weekend reading, RMS now have 5 new broker reports post the April Quarterly (some have been on their website a little longer than others).
RMS broker reports
Some are rather brief.... (EUROZ is the newest)
Would be interesting to read RBCs report. $1.50 target.... do they know something we don't, or perhaps expect inflation to be 'transitory'....
Should be interesting to see if RMS are able to slightly increase FY2022 production.
I note that the broker was a little disappointed with the deeper drilling at Eridanus...
The June Q should see an much better cash build (I think it might just get above $25m, due to extra sales).
Must be a strange situation to be in, having almost 1/4 billion in cash. Careful MZ, must be challenging as the each acquisition seems to get bigger and bigger.Good luck to all holders.
Ann: March 2021 Quarterly Report Guidance Eridanus Orion update, page-78
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