I agree with Triage and Paragold .
Just a couple of points to add .
RMS have indicated they can reduce costs at EM ...assuming they are correct THAT's what will make it worthwhile !
As has been discussed previously most posting here are inclined to give management the benefit of the doubt on this considering past performance but seems the general punters want to see something tangible before they commit so for the moment no market re-rating !
Just a matter of judgement !
And when the reserves ARE mined out they'll be looking to find feed for their EM mill from other sources by expl and dev. OR as they did when they purchased Viv to beef up MM .
Undervalued, page-33
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Last
$1.91 |
Change
0.085(4.67%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.87 | $4.797M | 2.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 311 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 77570 | 9 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |