RMS 2.33% $1.89 ramelius resources limited

Consevative price target 75 cents to $1.04 approx, page-2

  1. 33,668 Posts.
    lightbulb Created with Sketch. 1786
    "Gold price $2300aud to $2500aud"

    I think your gold price is a bit low you could probably hedge for around A$2900
    If so that would make your $500 margin becomes twice as high at $1000 an oz so your " generous 1.2 market cap" would be $2.4B
    Last edited by plough: 25/09/23
 
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