RMS 6.70% $1.95 ramelius resources limited

Where are the STRONG jockeys

  1. 1,069 Posts.
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    I watch the gold price doing what it does in line with World Stock markets and Cryptocurrencies in a virtual market. What a load of rubbish!! When a company can still make A$1,000 clear profit (Real not Virtual) on every ounce of gold it produces and has A$200 million plus (Almost A$300 Mil) in the bank and about to announce a dividend why would I put my money in any of the banks or other top 200 stocks when they are at an all time high?.Investors seem to lose touch with the big picture. Even if gold crashed RMS will keep making money until such time they put the Mines in care and maintenance and because of their hedging policy that will be a while.
    I am proud to support this company it has looked after me for 15 years and all the fundamentals tell me I will sit comfortably in the saddle for some time to come. Please don't listen to my drivel I am a COMPLETELY BLINKERED GOLDEN HORSE FAN.
 
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Last
$1.95
Change
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Mkt cap ! $2.228B
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$2.01 $2.01 $1.94 $8.568M 4.352M

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Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
$1.95
  Change
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Last updated 15.59pm 01/05/2024 ?
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