RMS 4.02% $1.94 ramelius resources limited

Lighthouse it seems your a lot better at this investing game...

  1. 3,778 Posts.
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    Lighthouse it seems your a lot better at this investing game than the rest of us. Perhaps tell me how much money RMS is going to need for its capital raising? Remember we have $90 million in cash and gold at the moment with first gold from Mt Magnet in January.

    Also just because you buy 5% of a company doesn't mean your going to take them over. I mean why on earth instantly start gobbing off about a capital raising on such a small initial investment?

    Whilst Wattle Dam has its issues that are well documented you make no mention of Mt Magnet. Isn't "growing value" achieved through increased gold revenue and increased profit? Don't you think adding another substantial mine is growing value?

    Admittedly you agreeing with the resident troll on the forum doesn't give you alot of credibility to begin with, but I was interested in how you came to your conclusions.
 
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