Based on the improving grades from the Eridanus UG drilling, the quality of the Cue resource and the rising gold price I think that Eridanus PFS (1) will expedite a decision to expand the Mt Magnet mill as highlighted below (2) in the most recent ASX presentation.
While RMS has a proven record of acquiring smaller operations, I feel more than ever that RMS wants to find that allusive 3rd hub soon. As the company has a lot of untapped upside within it's existing portfolio so RMS in itself is a TO target right now from a bigger shark.
Based on the improving grades from the Eridanus UG drilling, the...
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.92 |
Change
-0.040(2.04%) |
Mkt cap ! $2.193B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $1.98 | $1.91 | $3.875M | 2.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5202 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 4466 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.92 |
Change
-0.040 ( 1.93 %) |
||||
| Open | High | Low | Volume | ||
| $1.97 | $1.97 | $1.91 | 773865 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| RMS (ASX) Chart |