RMS is paying an obscene amount of money for SPR which is 2 years away from production at record high gold prices.
I don't think people understand that RMS is paying $3,300 ounce for 40% of SPR and there is no due diligence.
100% of SPR
less 20% we own
less 40% SPR keep as new RMS shareholders
RMS benefit 40%
Assume 3 million ounces x .40
1.2 million ounces for $4 billion $3300 ounce cost without mining
RMS is paying an obscene amount of money for SPR which is 2...
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Last
$2.51 |
Change
-0.430(14.6%) |
Mkt cap ! $2.908B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.79 | $2.49 | $44.80M | 17.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 77231 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 10639 | 1 |
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| Last trade - 16.10pm 23/04/2025 (20 minute delay) ? |
| RMS (ASX) Chart |