RMS - Ramelius Resources

[qldfrog]

Trump ordered the trigger.
Like everything else, its his fault.
Mick

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

 

[TimeISmoney]

Thought the merger would have pumped this but it was not met with open arms by investors.

Not holding.

 

[Sean K]

Thought the merger would have pumped this but it was not met with open arms by investors.

Not holding.

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.

 

[divs4ever]

Thought the merger would have pumped this but it was not met with open arms by investors.

Not holding.

apparently went ex-div. yesterday , that might have dampened the buying

 

[finicky]

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

 

[divs4ever]

holding , but i reduced last week @ $2.37

looked a good time to lock out a potential capital loss

 

[rederob]

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.

 

[finicky]

From Market Matters this morning.
marketmatters.com.au

Note: they are in no hurry to buy and are short term bearish, medium term bullish on gold saying in part:

"Parabolic “blow-off” style price moves, such as those recently experienced by gold rarely occur in markets. However, history shows that such moves can often be the final stage of a mature bull market run. In this case, we believe it’s time for at least a few months of consolidation with a short-term downside bias. Hence, while we are keen to buy back into gold, we are in no hurry at this stage.
"We are bullish on gold in the longer term, but our preferred scenario is that we see a correction back toward the $US3,000 level, where it was trading earlier this month."

"Ramelius Resources (RMS) $2.51
RMS was the worst-performing stock in the ASX200 on Wednesday, hence in theory it should bounce the strongest when gold eventually turns – sounds good in principle. The stock endured a sharp ~25% correction in March following a disappointing update for its Mt Magnet operation and a proposed $2.4bn purchase of Spartan Resources (SPR). In April, the company announced 3Q free cash flow of $223mn as the company makes hay while the proverbial sun shines. The RMS-SPR combination will enable the company to increase annual production to ~500,000 ounces by FY30, making it a major player if the precious metal trades higher over the coming years.
We like RMS back around $2, or 20% lower, for medium-term exposure to gold.
MM is bullish toward RMS medium term"

They also are interested in buying (after a deeper dip): NEM, EVN, RRL and PRU

I hold RMS

 

[Miner]

From Market Matters this morning.
marketmatters.com.au

Note: they are in no hurry to buy and are short term bearish, medium term bullish on gold saying in part:

"Parabolic “blow-off” style price moves, such as those recently experienced by gold rarely occur in markets. However, history shows that such moves can often be the final stage of a mature bull market run. In this case, we believe it’s time for at least a few months of consolidation with a short-term downside bias. Hence, while we are keen to buy back into gold, we are in no hurry at this stage.
"We are bullish on gold in the longer term, but our preferred scenario is that we see a correction back toward the $US3,000 level, where it was trading earlier this month."

"Ramelius Resources (RMS) $2.51
RMS was the worst-performing stock in the ASX200 on Wednesday, hence in theory it should bounce the strongest when gold eventually turns – sounds good in principle. The stock endured a sharp ~25% correction in March following a disappointing update for its Mt Magnet operation and a proposed $2.4bn purchase of Spartan Resources (SPR). In April, the company announced 3Q free cash flow of $223mn as the company makes hay while the proverbial sun shines. The RMS-SPR combination will enable the company to increase annual production to ~500,000 ounces by FY30, making it a major player if the precious metal trades higher over the coming years.
We like RMS back around $2, or 20% lower, for medium-term exposure to gold.
MM is bullish toward RMS medium term"

They also are interested in buying (after a deeper dip): NEM, EVN, RRL and PRU

I hold RMS

Thanks mate @finicky .
I do have a small parcel bought when it went south not long ago. It is looking good.
Strangely MM did not mention GOR . NST will soon correct post acqiluisition of DeGrey and will be busy with Hemi to bring forward. I will be keen to see how market goes. Hold NST.

 

[finicky]

That's more like it (cf NST performance) - upgraded FY25 guidance and record cashflow for the Quarter.
Got to say, this has proven to be a much better bet than Northern Star over time.

Held
Holding

 

[Miner]

That's more like it (cf NST performance) - upgraded FY25 guidance and record cashflow for the Quarter.
Got to say, this has proven to be a much better bet than Northern Star over time.

Held
Holding

View attachment 198533

Well said.
Wait to see how Northern Star handles De Grey now all obstacles are taken off and the share price gone south earlier today.
DNH NST
Holding RMS

 

[finicky]

Ramelius Raised to Buy at Ord Minnett; PT A$3.05

Held
Holding