I'm not Esh but those reserves inflate MKT CAP !
Which would you preferr .... a company with long mine life with expectations built in of good economics OR a company with modest mkt cap who keeps renewing reserves to compensate for ore mined and high cash backing who consistantly operate with good margin .
Where can you find a company with a better prsopective PE than RMS ?
Still best bang for the gold producer buck I can see !
Ann: Record Gold Production for Ramelius - March 2018 Quarter, page-43
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Last
$2.17 |
Change
0.060(2.84%) |
Mkt cap ! $2.474B | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.17 | $2.10 | $3.346M | 1.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 187946 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 48905 | 18 |
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| RMS (ASX) Chart |