RPMGlobal Holdings Intend to Release A New Intelligent Design Product

RPMGlobal Holdings Limited (ASX: RUL) on 6 March 2019, announced that if they are planning to release a new solution based on an innovative enterprise Intelligent mine Design (ID) technique which will be fully integrated within the company’s range of products by the end of 2019.

The CEO and Managing Director of the company Mr. Richard Mathews on the planned release said that the company strongly believes that it is time that the mining industry is provided with an intelligent parametric design solution built upon and utilizing the very latest software technology and enterprise architecture.

Several products available in the market in recent times are based on old principles and the same underlying code base. These have been reformed and customized to use over the years. However, the company will choose a different method in order to use a new intelligent design solution. It aims to deliver an innovative and user-friendly experience for the mining customers of the company.

The company does not want to replace the various entrenched third-party mine design solutions in the market as per their current focus of development for the Intelligent Design solution, rather, the company is focussing on leveraging over forty years of mining experience from its consulting and advisory businesses in order to produce a genuinely agile solution to support rapid scenario generation and optimal mine design decision making by enabling mining engineers to focus on choosing the most practical mine design option available to them in order to drive better efficiencies and economics in an innovative, visual and user-friendly experience.

The company over the years used data provided by all the third-party mine design product vendors, who are established in the market. It has vast experience and as a result, have a good understanding of the key challenges the mining engineers face while using these traditional mine design techniques. As a part of their goal, the company with the use of this new product will address vital issues in such a user-friendly and technically advanced manner that it will be useful. It will continue working with the vendors of the established third party mine design software.

On the price-performance front, the stock of RPMGlobal Holdings Limited last traded at $0.585 on March 6, 2019 with an increase of ~2.64% during the day’s trade and with a market capitalization of ~$123.32 million. The stock has generated a negative YTD return of 5.79% and posted negative returns of 12.98% and 5.0% over the last six months and three-months period respectively. It had a 52-week high price of $0.690 and a 52-week low price of $0.532 with an average trading volume of 85,824.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

Top 25 Dividend Stocks report for April

People prefer a dividend stock in their portfolio as it possesses the feature of compounding. Compounding means that the earning which is generated through these dividend stock will get reinvested and will eventually create earnings from earning. More precisely, the dividend generated from these dividend stock will get reinvested to buy another set of a share of the dividend stock which results in giving a higher dividend.

Click here to download your top 25 dividend stocks report!

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report


Please enter your comment!
Please enter your name here