$130 mil rise in cash for the quarter, no significant capex required, consistent quality management, $400 cash in the bank.
It seems a lot of risk is removed also having satellite mines everywhere, you don't get the business interruptions everyone else seems to have.
RMS will consistently be alright for a few years now with a serious buffer in gold prices and management always looking for more dirt to process with there proven method.
RMS does not seem to make many mistakes either, like the Karora deal didn't match the criteria and they cut it loose.
$130 mil rise in cash for the quarter, no significant capex...
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 96948 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 39393 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |