"They're were some posters insistent on the EXU threads that RMS stock would not go up and should be dumped. Unfortunately I fear some bought into this hype and costs themselves some significant money. On the other hand hopefully some listened to the reasoned posts on RMS and continued to hold."
I can't believe you are taking the credit for the rise in the gold price.
When RMS launched its bid for EXU on the 10 Sept 2018 the A$ gold price was $1,680, it is now $1,840.
In the Dec 2018 quarterly report RMS give the following guidance for EM for the March 2019 quarter (which hasn't been ammended anywhere that I can see)
"12,500ozs at AISC of between A$1,550 and $1,650"
Now if the gold price had have fallen $50 or $100 since 10 Sept 2018 instead of rising by $160, how do you think that guidance would be looking now?
Sure it all went according to your expectations. Just lucky my friend and now lucky again that the blind funds are buying. Esh
(20min delay)
