RMS 1.54% $1.98 ramelius resources limited

TBR is the top. 50 million share on issue with a buy back in...

  1. 12,263 Posts.
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    TBR is the top.
    50 million share on issue with a buy back in place that could bring shares on issue back to about 47 million
    $175,596,708 worth of refined gold bullion sitting in a vault at the Perth Mint plus a few million operating cash.
    36.75% share in EKJV which is forecast to start producing at 200-220oz per annum
    Over o.5 oz of resource with an historical resources to reserve conversion ratio of 80%
    Resource base expanding due to aggressive brown field exportation campaign
    Margin on gold production of around $650/oz
    Promising high grade exploration in Ghana with initial JORC calculated. Company has first mover advantage.
    Substantial mine development comprising there separate underground mines. This is major and often unaccounted for real asset that markets often discount to their peril.
    Australian gold producer.
    And you'll have me as a fellow shareholder.

    DON'T buy a share in this company if you are a trader or need money quickly as it has very low liquidity.
    Best 5 year set and forget company on the exchange IMO.
    DYOR IMHO

    Eshmun
 
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Last
$1.98
Change
0.030(1.54%)
Mkt cap ! $2.286B
Open High Low Value Volume
$2.01 $2.02 $1.96 $6.338M 3.200M

Buyers (Bids)

No. Vol. Price($)
1 6800 $1.98
 

Sellers (Offers)

Price($) Vol. No.
$1.99 32563 2
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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