Plough, I haven't visited their office so I don't know about beautiful secretaries... but maybe they should visit me - there's probably a fair chance they could con me into buying some RMS at $2. (Given that I am here posting this message on a Saturday night - very sad!). Anyway - this is a low key explorer/producer and I don't think you need to call ASIC just because they haven't bothered with any roadshows. The product sells itself, I would have thought, the advertising is there for all to see, is it not?
A couple of questions (ttcelica seems pretty knowledgeable)... Would they have to go underground given the higher grades are 150m down? I know there is an existing pit above - but I would assume that would have to be considerably widened and deepened if they were to go that deep with that?
Also what would be the mine life? A question a bit hard to answer at this stage... I guess.
Remember only 2 holes out of seven hit good grades. One of those was nowhere near - to the south. So 2/6. Possibly quite localized (and as someone has mentioned on another thread - 'nuggety').
So although fantastic grades - how much?
All these questions and more to be answered... watch this space.
DYOR..
RMS Price at posting:
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