RMS 3.83% $2.04 ramelius resources limited

that's a short term view dunnycan, more drilling would've meant...

  1. 5,583 Posts.
    lightbulb Created with Sketch. 1
    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!







 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$2.04
Change
0.075(3.83%)
Mkt cap ! $2.316B
Open High Low Value Volume
$2.01 $2.05 $2.00 $5.324M 2.627M

Buyers (Bids)

No. Vol. Price($)
52 113256 $2.03
 

Sellers (Offers)

Price($) Vol. No.
$2.04 205238 35
View Market Depth
Last trade - 15.06pm 17/07/2024 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.