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RMS, RAMELIUS RESOURCES LIMITED
mullokintyre
post Posted: Jun 17 2021, 10:10 AM
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RMS started mining at Tampia gold mine.
After the investment in the mining, now is the time to get the returns.
Processing won't be recognised until next Fin year, so won't have any(much?) impact on the this Fin year.
With the overnight crunch in gold, expect the Sp to fall,.
Hope that one of the low ball bids I have had in for a while gets taken out.
Mick



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sent from my Olivetti Typewriter.
 
denpal
post Posted: Apr 26 2021, 06:44 AM
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In Reply To: plastic's post @ Apr 20 2021, 03:32 PM

I hope not, looking for this to go higher on the back of the gold sector trend change.

 
plastic
post Posted: Apr 20 2021, 03:32 PM
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Bounce back topping out. Back to one thirty we go.



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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 3 2021, 03:38 PM
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Testing one thirty resistance.



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What did Uncle Mel do to us?
 
mullokintyre
post Posted: Mar 3 2021, 03:23 PM
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In Reply To: mullokintyre's post @ Feb 23 2021, 08:19 AM

RMS up 13% today.
Nothing changed, just the cycling of sentiment between buy and sell.
Few days of heavy selling, then heavy buying.
Take what ever we can get.
Mick



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sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Feb 23 2021, 08:19 AM
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RMS produced another pretty good Half yearly.
Gold production up 57%
AISC up by a miserly 2%
NPAT up 297%
Cash and gold up 32%.
EPS up 223%
Higher gold sales on higher gold price and reduction of hedgbook.
Penny project looks nicely profitable after Feasability study.
More than happy to buy more at that rate.
Mick





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sent from my Olivetti Typewriter.
 


mullokintyre
post Posted: Feb 18 2021, 09:23 AM
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Don't know why RMS is being hammered by the market.
Since the 2.50 highs in September when the gold price was AUD2750, its share price has fallen to 1.29 today, near enough to half what it was.
The gold price today is AUD2300, a 16% fall, so some of the price action can be explained.
If the market thought that gold was going into continue its fall, you would expect all the gold miners to have fall by similar amounts.
Most of them have fallen, but to the 50 percentile mark that RMS has done.
Something is going on, so will hold back on buying more, but will be in like flint if it does get to a buck.
Mick



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sent from my Olivetti Typewriter.
 
plastic
post Posted: Jan 28 2021, 12:46 PM
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What do the gold bugs know that we don't for them to be pushing this down nearly every single day?




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What did Uncle Mel do to us?
 
mullokintyre
post Posted: Jan 15 2021, 09:49 AM
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In Reply To: plastic's post @ Jan 15 2021, 09:45 AM

QUOTE
What then is it due to?
A dollar coming up shortly.

Its been falling since the 2.50 highs of September last year.
I don't know why.
The fundamentals seem pretty good for the company, but the market is never wrong.
Mick




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sent from my Olivetti Typewriter.
 
plastic
post Posted: Jan 15 2021, 09:45 AM
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In Reply To: mullokintyre's post @ Jan 15 2021, 09:22 AM

QUOTE
doubt it is due to this transaction.

What then is it due to?
A dollar coming up shortly.




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What did Uncle Mel do to us?
 
 


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