RMG 0.00% 0.7¢ rmg limited

No, no, no & no. Don't even contemplate RMG & ADD joining up. I...

  1. 296 Posts.
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    No, no, no & no. Don't even contemplate RMG & ADD joining up. I understand that at least one of the top Sydney based holders in RMG would chuck an absolute wobbly if it was even raised as an idea.

    RMG can succeed on it's own be it South Australia, Queensland or anywhere, it sure as heck doesn't need to be burdened by a second rate minor coal prospect in Indonesia that doesn't seem to know who actually owns it, making regulatory approval difficult.

    We run on the smell of an oily rag whereas ADD pays millions in fees & charges to achieve naught.

    As you may have guessed I'm not a big fan of ADD. I'll predict here & now that RMG will way out perform ADD over the next 12 months on price & as a percentage.
 
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