NST is roughly 2 billion dollar company RMS is 118.4 round it down to 100 million for calculation sake
then its 5% if NST market cap.
NST mined 145251 Oz RMS mined 27793 Oz and that is about 20%
NST asic 1040 $/oz and RMS asic 1046$/oz
NST has 226 million in hands and debt free.
RMS has 40 million in hands and debt free. thats about 17% of cash.
So all things considered NST is great market leader and very powerful mining company but give RMS some credit and its worth at least 10 % of NST. thats target share price of 50c.
I got these numbers from RMS and NST quarterly. Hartley's 46c are really really fair value
December quarterly, page-69
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.17 |
Change
0.110(5.34%) |
Mkt cap ! $2.489B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.17 | $2.08 | $13.62M | 6.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2410 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 259975 | 3 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |