Thanks for that scuttlebutt @Seymourbutts - I hadn't even registered that he was the COO at RMS prior to yesterday because Zeppy and more recently also Simon Lawson have been doing their presentations - Simon Lawson did half of their D&D presso last year, but it's mostly been Mark Zeptner - I have also followed Bob Vassie since he was at St Barbara and he's RMS' Chairman now, although he is clearly happy to stay out of the spotlight in that Chair role now since he announced his retirement from frontline management a few years back when he left SBM.
COO's are often overlooked and under-rated, but Tim Hewitt sounds like a good man to have in that position. And RMS is a very good gold producer going through a development phase at Dalgaranga (Never Never and Pepper stope development) before a major production uplift over the next 4 years with the Dalgaranga assets being processed and then Rebecca and Roe to the east of Kal coming online after they build that mill.
Yes @Rick - being in cash is probably a good thing right now - and I've been in cash in my SMSF since the 19th Feb, so I've missed a bit of the continued rise of my favourite large and mid-tier gold producers, and now the same ones are falling along with everything else, although RMS is the only one in the green today - barely, but still green, so far.
Outside of that cashed-up SMSF, I own quite a lot of GNG and LYL in my income portfolio, and I still have 14 companies in my SPF (speccy portfolio), and the largest position in that one is MEK (Meeka Metals) which is holding up OK so far.
I'm itching to start getting that income stream money invested but it clearly takes time to set up, as it's not ready yet. This time next week I'll be driving a 6-berth Maui Motorhome across the Nullarbor so won't be doing any market watching or trading then.
But yeah, being in cash in my SMSF has been frustrating and then on weeks like this one, it's a bit of a silver lining.