RMS 1.07% $1.89 ramelius resources limited

Target $0.80, page-69

  1. 37,613 Posts.
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    We've been having SP movement which has been curtailed by softness in the GP .
    In a nutshell:
    Like all goldies GP is the first thing to consider influencing SP .
    Seems to be holding around A$1700 .
    EM reserve increase when it's announced is possibly the big thing on the near horizon .
    A significant increase likely to boost SP .
    This quarter is the sweet spot in the year for RMS for various reasons and production , costs and cash all likely to improve .
    All sorts of other possibilities ...like exploration success !
    More reason to expect an increasing SP than not at present !
 
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