On paper with just what they found in the drill hole and existing cash and ore RMS is theoretically around $1.50. There is no way that that is all the gold there is. And this isn't some mine in the granite belt where they have to go down a kilometre and blast 10gm/tn out of solid rock. Remember Beaconsfield, the hardest rock in the world. They mined Wattle Dam with a bulldozer and a metal detector. And RMS have all the tenements btwn Wattle Dam and Eagles Nest which is where one of the biggest pure gold nuggets ever was found. And north as well.
There are only about 20 posters here, sure isn't us lot buying 200K at 1.90.
Nothing is ever certain but some things are highly likely. The RMS SP to rise is one of them.
is rms overvalued..., page-9
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Last
$1.87 |
Change
-0.070(3.61%) |
Mkt cap ! $2.137B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.93 | $1.87 | $4.239M | 2.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1484 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 28072 | 3 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |