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#ASX Announcements
stale
Last edited 3 years ago

Revolving Syndicated Debt Facility established


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I sold earlier this week when I noticed RMS share didn't do much during the rally in the gold price which was a good decision given the share price has been trending down ever since. Plus I had to pick something to sell after buying into Nufarm. Not sure what to make of this announcement but I think they have done this in case their future earnings/ production underperform.

Other things to question is the early sale of their LTR lithium royalty and cancellation of their dividend.

So right now, one of the most undervalued producers in the Gold sector, but it is cheap for a reason.