agreed timbin
with the juniors and wannabes now so badly out of favour, reflecting of course the sorry decline across the board in this sector, now is the time for Ramelius to make that BHAG* statement about its intentions. So much work has been done by these wannabe developers and the access to informed intelligence about their prospects is easy. With substantial cash in treasury and evident shareholder support Ramelius can easily digest say a 4million ounze operation near Norseman or another emerging 4million ounze operation near Mt Magnet. And, after all how many 4m ounze projects are out there in WA? 2 only.
Anyway, the outook for RMS stock- unlike its big Australian brothers with operations in distant jurisdictions- is so much clearer these days and teir capacity to deliver is now undoubted.
Easy to buy RMS at these prices.
* Big Hairy Audacious Goal . It's a feature of technology sector culture buy why cant it apply in mining?.
Where are the STRONG jockeys, page-24
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Last
$2.28 |
Change
0.140(6.54%) |
Mkt cap ! $2.617B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.30 | $2.18 | $24.38M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 48057 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 5243 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |