I love a bit of speculative M&A rather than Dividend for RMS, they still have very good script value and bulk cash to merge/buy another producer or developer. To me, as a follower of RMS I see soo many options for this company, which have been discussed to some extent on these threads, but I have no idea what they will choose.
1. Buy or merge with a producer - PNR possibly fits the profile as a tack on project, get a whole greenstone district to explore, potential for long life if Norseman ground is drilled smartly. Future guidance getting up to 150koz pa. Will they fight with WGX/Karora for the asset?
2. Buy or Merge with developer - Obvious one is the neighbor in Spartan - 1.6M Oz+ gold and counting - infrastructure ready - but will be paying 800M plus, too expensive now? Gold production from Never Never potentially end 2025?
3. Build mill at Lake Roe/Rebecca - realistically they'll need something in between but who knows.
4. None of the above...
No numbers here just broad speculation to get some more chat going
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I love a bit of speculative M&A rather than Dividend for RMS,...
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$2.27 |
Change
-0.030(1.30%) |
Mkt cap ! $2.606B |
Open | High | Low | Value | Volume |
$2.27 | $2.29 | $2.22 | $7.884M | 3.493M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 29957 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.28 | 319256 | 8 |
View Market Depth
No. | Vol. | Price($) |
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3 | 29957 | 2.250 |
5 | 29444 | 2.240 |
5 | 109865 | 2.230 |
6 | 103525 | 2.220 |
2 | 18412 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.280 | 278546 | 6 |
2.290 | 106598 | 4 |
2.300 | 33401 | 11 |
2.310 | 21678 | 3 |
2.320 | 362761 | 11 |
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