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20/03/23
11:06
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Originally posted by Countrywriter:
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Hi all, we are getting RMS shares not 40cps as that number is indicative. If the RMS share price rises with exploding gold then we are getting more not less. That could work really well for us in a risk off situation with gold rising A$104 on Friday alone. I have to do a clean sheet on RMS + BRB to properly assess this. I will not react with emotion even if my initial reaction is not good. I agree with most of the comments above. Ularring and the north flats not yet assessed but that could backfire on us or be a win so an unknown at this stage. They will need to convince Tom and the band of retail investors to get this over the line. There could well be another offer yet so sit tight for now and LOOK carefully and be analytical not emotional; that is my suggestion at this stage.
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I'm taking the money and running. The last thing I want to be stuck with is Ramelius shares. Had the offer been cash I would have hung around a bit longer. Good luck all.