RMS 3.05% $1.86 ramelius resources limited

"there was alot of time, effort and experience which went into...

  1. 4,224 Posts.
    lightbulb Created with Sketch. 2506
    "there was alot of time, effort and experience which went into EXU's findings/numbers on Tampiafor RMS to massage the data the way they have just proves that they were always chasing tampia for EM feed.it was obvious from the start that thats what they wanted, and this "strategic review" solidify's that stance."

    Yes, you talk so much sense in those couple of lines. Mark Zeptner and the Ramelius board have decided to leave a couple of hundred thousand ounces of $2,000 gold in the ground at Tampia just to double down on their Edna May purchase decision. I mean there is no chance that the Explaurum team could have done what the Gascoyne and Blackham teams have done and donned rose coloured glasses in deciding to push on with developing stranded assets into mining ventures. And of course it has nothing to do with the Ramelius finding a way to successfully use existing milling operations to bring to life and improve the returns on what otherwise would be stranded or at least marginal gold assets. So yes, absolutely no chance that the Explaurum team "massaged" Tampia but every chance that the Ramelius team did exactly that... goodo.

    .... just out of interest, if you held EXU shares when Ramelius first showed an interest in Explaurum and you are still holding the RMS shares you got in place of those EXU shares what sort of return have you earned? And what do you think your EXU shares would be worth now if Ramelius had not made the move they did? But, yeah, you EXU old timers have been hard done by....
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$1.86
Change
0.055(3.05%)
Mkt cap ! $2.124B
Open High Low Value Volume
$1.85 $1.86 $1.82 $11.88M 6.450M

Buyers (Bids)

No. Vol. Price($)
1 8404 $1.86
 

Sellers (Offers)

Price($) Vol. No.
$1.87 37236 2
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$1.85
  Change
0.055 ( 2.39 %)
Open High Low Volume
$1.84 $1.85 $1.81 975617
Last updated 15.59pm 28/03/2024 ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.