RMS 3.01% $1.94 ramelius resources limited

Where's The Pullback, page-41

  1. 12,259 Posts.
    lightbulb Created with Sketch. 3833
    Thanks for tagging me in.

    Well done to holders but funds like Van Eck buying and entering the ASX300 have nothing to do with performance.

    This looks like the short of the century to me at this valuation.

    I'd say cash will have gone backwards in the March quarter and AISC will look predictably sick at EM.

    Investors are putting a lot of faith on this company to deliver a hodge podge of geographically spread out and diverse projects with still unknown capital requirements amd timelines.

    The market truly works in mysterious ways. Last time Van Eck got involved and the share price went on a run like this we had the GDXJ/GDX rebalance debacle, hopefully nothing like that happens agian.

    Enjoy that omelette while it lasts because the eggs that went into making it were rotten and you might find that you'll see it coming back onto your plate. Esh
 
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