RMS 2.04% $2.00 ramelius resources limited

WA is a big place and Mt Magnet is a long way (300km) to the...

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    WA is a big place and Mt Magnet is a long way (300km) to the west of say Wiluna (BLK) or SAR's operations.

    In fact looking at the weather history for Mt Magnet there appears to have been next to no rain at all in late March when storms hit elsewhere. Vivien is underground so unlikely to be problems there.

    http://www.bom.gov.au/climate/dwo/201703/html/IDCJDW6090.201703.shtml

    I keep a WA mining map near my desk for quick reference. Can be accessed here and 'Open PDF':

    http://dmpbookshop.eruditetechnolog...r-resource-projects-Western-Australia-2016.do

    There is a possibility of a guidance miss I guess but they have been pretty consistent until now. Any miss and sell off would be a buying opportunity for me given it is likely to be timing related (bringing new ore online from development pits) and not structural.
 
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