RMS 1.90% $2.14 ramelius resources limited

cashed up but needs to secure growth options, page-18

  1. 1,218 Posts.
    Well TE,
    you ask what I want from management. Simple. Either take the share price to $2 or make the company an attractive takeover target. Taking the share price from close to $2 to the low 40c is not my idea of doing a good job. I know it is harsh and many gold companies have fared worse but only RMS has the highest grade gold mine in Australia.
    I am not in the gold management business so I do not know how the above can be achieved but I do know what is expected of me in my job and I would have lost it had I performed like RMS this past 2 years.
    This thread is full of praise for RMS and how the company has $100m in the bank and achieved such high grades. All I am saying is - look at the share price - because that is all that matters in the end. A 5c dividend is not worth much to a share holder that paid $2 a share when the share price in in the mid 40s and trending lower.
    I say a takeover could not be any worse than the current situation.
 
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