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
NST is roughly 2 billion dollar company RMS is 118.4 round it...
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.91 |
Change
0.010(0.53%) |
Mkt cap ! $2.183B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.91 | $1.87 | $7.285M | 3.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 166121 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 18104 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |