RMS 2.51% $2.33 ramelius resources limited

bots at work, page-18

  1. 8,972 Posts.
    lightbulb Created with Sketch. 202
    Legume,

    "financial flexibility to undertake a more aggressive
    development and expansion program of its Mt Magnet gold mine"

    Key words: "more aggressive".

    Have you thought about what those words could mean? Generally "more aggressive" means "more costly" but it will hopefully also mean "more profitable".

    I also read it as: "The company saw opportunity, so the company grabbed it"

    Again I think people are getting emotional simply because the SP has not been performing compared to its peers. I think they should step back and think about it carefully, maybe ring the company etc etc. Then make a rational decision as to whether they stick it out or move on (there's plenty of other goldies out there to look at).

    Anyway, last I'll say on the matter. I'll be watching carefully what transpires with the company.

    Cdchi1
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$2.33
Change
-0.060(2.51%)
Mkt cap ! $2.691B
Open High Low Value Volume
$2.36 $2.36 $2.29 $6.540M 2.811M

Buyers (Bids)

No. Vol. Price($)
9 163521 $2.32
 

Sellers (Offers)

Price($) Vol. No.
$2.35 67017 5
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.