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Rol
Was a 7% trailing fall.i might have misunderstood the triggering mechanism which i suspect was initiated from my buy up to figure, not actual purchase price
RMS - Ramelius Resources
- Thread starter Baggy
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Was a 7% trailing fall.i might have misunderstood the triggering mechanism which i suspect was initiated from my buy up to figure, not actual purchase price
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Thought the merger would have pumped this but it was not met with open arms by investors.
Not holding.
Not holding.
Sean K
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A better deal for Spartan. It's going to be quite a significant player once they get it sorted and the mills out of mothballs producing 500Kpa. Just a matter if current/new management to can pull it together efficiently and effectively.
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apparently went ex-div. yesterday , that might have dampened the buying
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Last pour at Edna May in April as it winds down into care and maintenance. Unless the high grade inputs from Cue and Penny mines to the Mt Magnet mill will make up the loss of Edna May production I am ready for possibly lower group production in the June and September Quarters.
Held
Holding
Held
Holding
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holding , but i reduced last week @ $2.37
looked a good time to lock out a potential capital loss
looked a good time to lock out a potential capital loss
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Ramelius' shares plunged on March 11 when their 17- year Mine Plan showed gold output from 2026 financial year onwards to be mediocre at best.
There were numerous problems with the dumpsters decision to move out of RMS.
First, RMS has a strong history of adding to its gold resource base and whatever was presented was going to be a *worst case* scenario.
Second, a merger with Spartan was on the cards and would materially change the post FY 2026 production profile and the AISCs which were blowing out.
Third, POG was on the rise, meaning the AISC numbers would decline and decent profits would still accrue annually to RMS.
Fourth, POG's rise meant that Spartan shareholders would benefit greatly from any proposed merger as they would get a financial consideration plus exposure to RMS's upside as POG continued to rise.
Finally, the chart (below) presented by RMS was using POG at AUD$3500 as its baseline, and POG was already a lot higher then, and is almost 50% higher today.
I hold 3 small tranches of RMS and will cloely watch the H2 FY25 AISC number to gauge RMS's likely profit margin in FY2026 before pulling any plugs. The proposed merger with Spartan means for me at least that holding RMS to 2031 locks in reasonble upside potential. And while POG remains over $5000/oz, RMS's margins should see a few more decent ff dividends flow to shareholders.
There were numerous problems with the dumpsters decision to move out of RMS.
First, RMS has a strong history of adding to its gold resource base and whatever was presented was going to be a *worst case* scenario.
Second, a merger with Spartan was on the cards and would materially change the post FY 2026 production profile and the AISCs which were blowing out.
Third, POG was on the rise, meaning the AISC numbers would decline and decent profits would still accrue annually to RMS.
Fourth, POG's rise meant that Spartan shareholders would benefit greatly from any proposed merger as they would get a financial consideration plus exposure to RMS's upside as POG continued to rise.
Finally, the chart (below) presented by RMS was using POG at AUD$3500 as its baseline, and POG was already a lot higher then, and is almost 50% higher today.
I hold 3 small tranches of RMS and will cloely watch the H2 FY25 AISC number to gauge RMS's likely profit margin in FY2026 before pulling any plugs. The proposed merger with Spartan means for me at least that holding RMS to 2031 locks in reasonble upside potential. And while POG remains over $5000/oz, RMS's margins should see a few more decent ff dividends flow to shareholders.
