RMG 0.00% 0.7¢ rmg limited

rmg and 60 minutes thankyou, page-46

  1. 1,516 Posts.
    Look i'm not in disagreeing about RMG's future, i just think the time frame has changed, probably mainly due to market conditions. We all new last year RMG were going to have to raise some capital, that's why most of us bought in (including me) because like you we were expecting the usual Ascent pump. Now that's come and gone and the SP is more reliant on actual results.

    We're in agreement about RMG's "potential" future, but we've always been in disagreement about the time frame. My guess is we won't see the first copper results for at least 2 months, but i'm guessing closer to 3-4 months.

    I think the SP will settle back down to around 2c after this week and over the coming months drift back to the mid teens, unless the market becomes very bullish again in which case might settle closer to 3c.
 
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