RMS 3.08% $2.20 ramelius resources limited

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    Thanks for your erudite posts cdchi1.

    Until such time as we find out exactly what RMS want the cash for, I can't see any point in getting upset about it.

    I'm still inclined to think that the CR and some of the cash at bank will be used for an aggressive expansion programme which will probably entail acquiring additional producing assets (which in turn might require expansion of mill capacity at Mt. Magnet - who knows?).

    I'm prepared to wait and see, and I hope that others will do likewise. If RMS then disappoint us, we can make our feelings known, but if they instead do something which pleases us significantly, I hope that all the critics will give credit where it's due, and perhaps refrain from jumping the gun in future.

    Cheers,

    Mike
 
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