Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

54 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

RMS, RAMELIUS RESOURCES LIMITED
plastic
post Posted: Mar 3 2021, 03:38 PM
  Quote Post


Posts: 10,837
Thanks: 312


Testing one thirty resistance.



--------------------
What did Uncle Mel do to us?
 
mullokintyre
post Posted: Mar 3 2021, 03:23 PM
  Quote Post


Posts: 3,299
Thanks: 1168


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



--------------------
sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Feb 23 2021, 08:19 AM
  Quote Post


Posts: 3,299
Thanks: 1168


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





--------------------
sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Feb 18 2021, 09:23 AM
  Quote Post


Posts: 3,299
Thanks: 1168


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



--------------------
sent from my Olivetti Typewriter.
 
plastic
post Posted: Jan 28 2021, 12:46 PM
  Quote Post


Posts: 10,837
Thanks: 312


What do the gold bugs know that we don't for them to be pushing this down nearly every single day?




--------------------
What did Uncle Mel do to us?
 
mullokintyre
post Posted: Jan 15 2021, 09:49 AM
  Quote Post


Posts: 3,299
Thanks: 1168


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




--------------------
sent from my Olivetti Typewriter.
 


plastic
post Posted: Jan 15 2021, 09:45 AM
  Quote Post


Posts: 10,837
Thanks: 312


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.




--------------------
What did Uncle Mel do to us?
 
mullokintyre
post Posted: Jan 15 2021, 09:22 AM
  Quote Post


Posts: 3,299
Thanks: 1168


RMS announces it has divested the Coogee gold project to the minnow Victory mines for the addition of 321million shares in Victory.
Not sure if it is going to make much material difference to either share price, though RMS is down again today, I doubt it is due to this transaction.

Mick



--------------------
sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Jan 5 2021, 07:27 AM
  Quote Post


Posts: 3,299
Thanks: 1168


RMS puts out another good quarterly, with production slightly above the top end of guidance, always a good sign.
With the previous quarter also above the top end of guidance, the year so far is looking good.
Good cash flow again, with a net increase even after royalty payments, dividends, the spectrum acquisition, debt repayments and planned exploration and capex expenditure. Unless they go on an acquisition hunt, may see some cash returned to investors.
I like a well managed profitable cash generating business.
Mick



--------------------
sent from my Olivetti Typewriter.
 
plastic
post Posted: Dec 17 2020, 02:50 AM
  Quote Post


Posts: 10,837
Thanks: 312


Head and shoulders pattern playing out. Seems to be trying to figure where to go next. If it continues, one thirty here we come.



--------------------
What did Uncle Mel do to us?
 
 


54 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING