She is obsessed, didnt even know she was on hotcopper anymore. Is she the middle aged aboriginal woman that attended the AGM. There are no flies on her. Sharp as a knife that one.
Well I hate to say it be RMS is on the retreat.
There are serveral things that could make this happen.
Shorting
low grade
mill issues
mining the wrong ore body.
profit downgrade
lack of confidence in the board
There are probably a couple more but the most serious issue would be low grade or mill issues. I tend to think it is low grade. My understand was they relied on previous drilling results. They may or may not be accurate.
It's really a mystery and anyones guess.
quarterly update, page-36
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Last
$1.91 |
Change
0.085(4.67%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.87 | $4.797M | 2.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 311 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 77570 | 9 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |