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3.85%

$2.00 ramelius resources limited

profit projection 300 million, page-2

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Dianella 68

1,800 Posts.

529

25/02/21

10:24

Post #: 51312151
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Originally posted by david25 ↑

The gold price has started to rise, this is likely in anticipation of a large US stimulus. This is also being matched by the rise of the Aud from .77 to .80. Hopefully we can keep the Aud lower and gold will reach about 3500 to 4000 aud by Christmas.

If gold reaches 3500 profit will be 300 million. RMS market cap will increase to between 2.4 billion or 3.6 billion.

Profits could reach 400 to 500 million at the best case.
When world GDP returns to higher levels there will be another commodities boom which could drive commodities higher than the previous boom which also increase the gold price.

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Lol

That has to be the most positive post from you on this forum..........ever!

Jim.

RMS Price at posting: $1.30 Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

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(20min delay)
Last $2.00		Change -0.080(3.85%)		Mkt cap ! $2.285B

Open	High	Low	Value	Volume
$2.02	$2.04	$1.99	$6.032M	3.007M

Buyers (Bids)

No.	Vol.	Price($)
4	85429	$2.00

Sellers (Offers)

Price($)	Vol.	No.
$2.01	9901	1

View Market Depth

No.	Vol.	Price($)
2	56641	2.000
2	7012	1.995
9	120287	1.990
2	17623	1.985
7	178554	1.980

Price($)	Vol.	No.
2.020	60234	6
2.030	55671	4
2.040	7437	1
2.050	27437	2
2.060	27910	4

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last $2.01			Change -0.080 ( 3.80 %)
Open	High		Low	Volume
$2.02	$2.03		$1.99	776162
Last updated 15.59pm 23/05/2024 ?

RMS (ASX) Chart