RMS ramelius resources limited

seriously underestimated and undervalued , page-3

  1. 1,514 Posts.
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    Like you , Legume ,I will be delighted if you are correct .
    Bigger bank account for RMS x 6!!!

    But just want to be conservative --and as per your previous post , I am looking at RMS having a future at Wattledam , at well beyond 28 months .

    But the point of the original post on cash of $100 mill, or if that expands to $150 mill OR EVEN TWICE THAT , by extremely good production and net cash flow, is that we want RAMELIUS to expand ---and that is what I think the Directors are focussed on .
    Challenging Avoca on Dioro was both well thought out and audacious , but in the end , a very smart corporate move .
    I think they have now have the cash assets and the cash flow to try it again , be it Integra or Silver Lake et al .

    I think Ramelius are smart enough to know , that with the cash flow they project in a 2 year term ( who knows beyond ) , they are either become the hunter , or if they don't grow , they will be hunted .
    Cash of $100 mill means you are a free hit !!!!

    It will be fascinating !!!
    cheers
 
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