"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."
Well, naive answer, pog will fall, mines will fall, but why can't the mines decouple themselves from the gold price ...just like 2 years ago, the oil price of gold?
Sorry for translation
Where are the STRONG jockeys, page-2
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Last
$2.11 |
Change
0.010(0.48%) |
Mkt cap ! $2.411B | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.13 | $2.09 | $6.278M | 2.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 104793 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.12 | 31652 | 2 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$2.11 |
Change
0.010 ( 0.06 %) |
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| Open | High | Low | Volume | ||
| $2.10 | $2.13 | $2.09 | 586798 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| RMS (ASX) Chart |