RMS 1.23% $2.01 ramelius resources limited

Net income forecast to grow 381% next year, page-60

  1. 3,908 Posts.
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    At some point investors had to punish the gold miners for not pushing equity growth through M&A consolidation.
    I believe we are at this point.
    The gold miners are attracting very little new capital.

    Where's all the growth stories?
    Where's the opportunistic asset grabs?
    I can name a half dozen companies off the top of my head that are trading below 50% NTA.

    My hope is Raleigh Finlayson's maverick approach to consolidation will create a successful template for others to follow.
    We already see the beginnings of this with murmurings surrounding the likes of SBM and RED.

    I see SL as another potential maverick style character who can potentially set the Murchison dominoes in motion.

    Last edited by Joelstar: 14/10/22
 
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