RMS 4.67% $1.91 ramelius resources limited

Undervalued, page-34

  1. 744 Posts.
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    I'm Hoping by the time we make that decision to mine stage 3 open pit at Edna may (in the next couple of years), that the Ramelius share price is in the 60-80cents region, hopefully a lot higher! hence this means a hell of a lot less Dillution for us shareholders in this script deal and that 25 million dollars we issue to evolution in shares, would be basically 12-18 million dollars better of than issuing the shares at today's share price, however if we're still at today's share price (40c) we'd be better of paying cash or the $100 royalties per ounce! Hope that made some sense! Basically rms management are banking on a higher share price in the future! Too make the most money out of this deal! Geez I can't stop dreaming about the June quarterly guidance for next year! If my dream does comes true! The Edna may turnaround Story would of come true and the mine would be producing gold at around $1000 Aisc, due to the lower strip ratio! This result, sure would blow smoke all over the Edna may , ramelius & eshmun doubters haha! Cheers ST
    Last edited by SilverTeenager: 10/11/17
 
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