RMS 0.92% $2.19 ramelius resources limited

profit projection 300 million, page-25

  1. 153 Posts.
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    Tempting as you say to 'double down' and top up at these prices - my worry is that downward pressure will continue, at least in the short term. Acquisition risk (by take-over) at these prices, particularly with such a strong balance sheet and assets is making me think twice though. I support the view that there is something decidedly fishy that a well performing company is decreasing at a much faster rate than it's primary asset - gold is still near enough $1,800/oz (USD) and RMS can mine it for around $1,100 (USD) AISC. Something doesn't add up.........?
 
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$2.19
Change
0.020(0.92%)
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$2.17 $2.20 $2.14 $7.445M 3.421M

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Price($) Vol. No.
$2.19 2288 1
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