RMS 1.62% $1.82 ramelius resources limited

capital raising ?, page-144

  1. 6,439 Posts.
    trom

    I did learn that AAG (previous owners of the CMGP, before WGR takeover) were in discussions with RMS about toll-treating

    That was earlier this year

    Here's hoping an agreement has now been reached, over mill and JV of tenements

    RMS have the cash, WGR need it for development and a mill - a tie-up makes perfect sense

    I'd say RMS acquiring a stake in DRM is strategic more than anything, perhaps diverting attention away from a potential deal with WGR

    Cheers
 
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