RMS ramelius resources limited

Dear Rez and Triagei think it is worthwhile reading last Mondays...

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    Dear Rez and Triage

    i think it is worthwhile reading last Mondays Diggers presentation from OBM headed strategy and valuation.

    I like the new OBM management (ex NST) and the asset replacement valuation breakdown ($560 million) plus cash/gold $32 million, plus tax losses, and no debt - compared to current market cap. of only $85 million.

    The OBM plant and Davyhurst project are now showing every indication of stability and cash flow growth and RMS could certainly utilise the $335 million in accumulated tax losses that OBM group has.
    OBM has a major shareholder in Hawkes Point (~45%) so a negotiated scrip deal is likely to be the only future exit for that party.
    If RMS don’t want OBM, if feels like they will eventually be a part of a future Eastern Goldfields rationalisation anyway.
    i hope RMS moves sooner, than later … as a logical location for that 3rd hub we have heard about for so long.
 
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Last
$2.40
Change
0.060(2.56%)
Mkt cap ! $2.781B
Open High Low Value Volume
$2.37 $2.42 $2.36 $21.17M 8.855M

Buyers (Bids)

No. Vol. Price($)
3 124637 $2.38
 

Sellers (Offers)

Price($) Vol. No.
$2.41 158380 3
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Last trade - 16.10pm 10/07/2025 (20 minute delay) ?
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