Is a buy back a silly idea?, page-57

Bring on a buyback, money would be well spent and the dividend increases to all that hold.
In the meantime I am waiting on a property to sell and at this bargain basement, would be buying more.
My biggest holding by far.

Old broker report but I would suggest still stands and this time I might get it right, watch Penny West,
it has the potential to be something special!

Ramelius Resources
Outperform becoming the new normal
RMS has again exceeded guidance, producing 71.3koz, ahead of guidance of 65-
70koz, at an AISC of A$1,241/oz.
Cash & gold on hand is at an all time high of A$221.9m, an increase of A$44.6m
for the quarter.
RMS management have been vocal about their ambition to see RMS become a
300koz p.a. producer. A third mill is required to achieve this goal, and with the
current war chest the company is well placed to pursue this goal.
Upcoming announcements include the expansion study for Mt Magnet and the
Stage 3 Open Pit study for Edna May, which has the potential to materially extend
the operating life of the Edna May asset.
Strong fundamentals remain in place for RMS and with its current cash balance
our price target increases to $2.86