RMR ram resources limited
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  1. treasurehunter
    12,503 Posts.
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    11/09/10
    20:17
    Post #: 7186429
    Ok, how about EV then? GGG EV at 60c is about 210m.

    1/3 of RMR's fully diluted MC at 3.7c will be cash from option conversion. EV at 3.7c is 20m. GGG still 10 times over.

    And GGG just broke out its last major high, there will be some consolidation but its price should continue to rise after consolidation. RMR being the only neighbour to GGG at the moment, will hopefully get all the tag along effect.

    There will no doubt be profit taking, but this one will be the one to watch when drilling is close
    RMR Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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