RMG 0.00% 0.7¢ rmg limited

I hope the Steinlager (love the name wayne) Brothers have a plan...

  1. 2,986 Posts.
    I hope the Steinlager (love the name wayne) Brothers have a plan & that the top echelon of holders are aware of what it is because from where I'm sitting, I haven't got a clue. My reassurance comes from the knowledge that the WA gang have come aboard RMG in a big way, well connected east coast holders remain & add so I continue to hold based on the weight of money theory. Presumably Steiny is not out searching for something (anything) to back into RMG, one would hope there is a plan. I was convinced it was copper, but uranium is a great asset too just problematic in this political climate. I acknowledge that uranium prices are set to escalate but just wonder if our resource, if any, is significant enough to benefit in the broader market euphoria.

    Awaiting the next uptick in base price from 1.2c to 2.5c. Seems a bloody long way to go from here to reach double figures, but plenty of 'penny dreadful' stocks have done it before us, so hope remains.
 
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