Gold is unlikely to fall in price as many countries increase their gold reserves including China. Countries like Afghanistan now require gold to be sold to the government with a few exclusions.
The Aussie economy is small compared to the major countries like USA, China, Germany and Japan, so how it does has virtually no effect on the gold price.
It looks as if Ramelius will have something in the share price for being a possible takeover target. Plus, recent drilling results have been increasingly encouraging and should also reduce production costs going forward.
Always a guess really, though I see the present momentum continuing and a price around 70 cents as the next target.
- Forums
- ASX - By Stock
- RMS
- stripping costs
stripping costs, page-7
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.19 |
Change
0.020(0.92%) |
Mkt cap ! $2.512B |
Open | High | Low | Value | Volume |
$2.17 | $2.20 | $2.14 | $7.445M | 3.421M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 4988 | $2.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.19 | 2288 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 2.180 |
1 | 1600 | 2.170 |
1 | 9868 | 2.160 |
2 | 33119 | 2.150 |
3 | 42542 | 2.140 |
Price($) | Vol. | No. |
---|---|---|
2.200 | 215567 | 13 |
2.210 | 22024 | 3 |
2.220 | 52757 | 5 |
2.230 | 32468 | 3 |
2.240 | 55204 | 8 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |