I'm thinking that my guesstimate of a 25% jump in resources to 2.8m ounzes may be optimistic but the 33% jump in reserves to 630,000 ounzes may be conservative.
I'm also thinking the recent $15 million spend on exploration - being a multiple of prior years aggregate spend - has been a strategic decision to break out of the perceived weakness in life of mine.
Like it or not it is a present day driver of professional investor interest in the gold sector.
yes...still buying RMS
comsec Market report, page-14
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $2.286B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.02 | $1.96 | $6.338M | 3.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6800 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 32563 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |