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RMA Energy moves closer to finalising $100m JV deal

Perth-based diversified resources company RMA Energy Ltd has taken one step closer to finalising negotiations for the joint venture development of two Queensland based assets with Bounty Resources International Ltd and China Rail Engineering Corporation.

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RMA Energy (RMT)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
thRiversgold0%0%
112thRMG133%18%
297thRed Hill Iron26%-11%
459thRMA Energy0%-9%
691stSiburan Resources-40%-39%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

472nd↓Red Hill Iron$0
473rd-Riversgold$0
474th↓RMA Energy$0
475th↓RMG$0
476th↓Siburan Resources$0
498 listed resources companies ranked by revenue.
Source: Morningstar

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