I totally agree. RMS maybe small, but producing a excellent gold production line with low costs in terms of operating in Australia. Its like the MML of Australia. Where both RMS and MML are similar with excellent cash reserves (and increasing due to higher sales), both pay dividends, and both have low cash costs.
Also AVO holders have given a big tick to Anatolia to become a truely global mid-tier as Alacer Gold.
I wouldn't be surprised once the upgraded feasibility studies of Mt Magnet comes out sometime this month show a very robust project with lower cash costs than it projected around $800 per oz.
With a production target of 200k oz by 2014, I would be happy to see if RMS is in the eyes of Alacer Gold, the enlarged Kingsgate Mining, Medusa Mining (MML) or bigger multinationals.
I'm happy to hold this one till I see Mt Magnet gets into production.
- Forums
- ASX - By Stock
- quarterly reports
I totally agree. RMS maybe small, but producing a excellent gold...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.87 |
Change
-0.070(3.61%) |
Mkt cap ! $2.137B |
Open | High | Low | Value | Volume |
$1.93 | $1.93 | $1.87 | $4.239M | 2.259M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1484 | $1.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.88 | 28072 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1484 | 1.870 |
1 | 2593 | 1.865 |
6 | 66762 | 1.860 |
5 | 36127 | 1.855 |
4 | 22394 | 1.850 |
Price($) | Vol. | No. |
---|---|---|
1.875 | 6809 | 1 |
1.880 | 23229 | 5 |
1.885 | 24455 | 4 |
1.890 | 26447 | 3 |
1.895 | 57142 | 3 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |