that's a short term view dunnycan, more drilling would've meant spending more money, which would've meant debts... sure such a strategy in the short term would inflate the share price, but looking long term saving $20-30million on needless drilling puts $20-30 million back into the pockets of shareholders :)
Extensive drilling only serves to sate the appetite of greedy bankers whom only care for the certainty that their loans will be repayed with interest; and that of drilling operators. For me, personally, you think you've found gold? what are you waitin for? here's a shovel, dig!
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RMS
ramelius resources limited
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$2.46

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Last
$2.46 |
Change
-0.030(1.20%) |
Mkt cap ! $2.851B |
Open | High | Low | Value | Volume |
$2.53 | $2.53 | $2.45 | $22.17M | 8.968M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4200 | $2.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.47 | 600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4200 | 2.450 |
7 | 144904 | 2.440 |
10 | 56487 | 2.430 |
5 | 5700 | 2.420 |
3 | 4000 | 2.410 |
Price($) | Vol. | No. |
---|---|---|
2.470 | 600 | 1 |
2.480 | 144886 | 4 |
2.490 | 5000 | 1 |
2.500 | 45163 | 8 |
2.510 | 500 | 1 |
Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
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RMS (ASX) Chart |