It's goodbye RMS and hello FML for me.
One appears to be undervalued while the other may well be overvalued considering FML has just produced its first 40000k ounces while RMS plans to do this next year.
One has a defined reserve and the other doesn't plus a much larger defined resource.
While RMS seems to be desperately trying to source extra resources elswhere through the attempted take over of DIO. The other has ample resources of there own.
RMS does have very high grade but the uncertainty of a small defined resource at this stage and no reserve has made me jump ship.
I may very well kick myself ONCE AGAIN next year sometime if all goes to plan for RMS but it won't be the first time.
AND I HATE SEEING A GOLD STOCK GO DOWN WHEN THE POG IS GOING UP
It's goodbye RMS and hello FML for me.One appears to be...
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Last
$1.97 |
Change
0.015(0.77%) |
Mkt cap ! $2.247B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.95 | $9.599M | 4.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 87547 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 134610 | 6 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |