Ann: Record Gold Production for Ramelius - March 2018 Quarter, page-40

"There are no Australian funds in the stock to soak up relentless selling."

I don't see relentless selling going on, I see a pretty strong chart forming. Kijun-sen line currently up to 50cents.



You need to remember that RMS is not a start-up mine with 4 years of mine life. Since I've been invested in RMS (since 2014) it's always had a 3 to 4 year mine life outlook so in reality as an investor I have experienced a company with 9 years of mine life since being invested and I can't see why this won't be extended. Large excess reserves in the ground might look good on some analysts spread sheet but they don't make for a strong balance sheet, so IMO they act to increase risk in the mining operation not decrease it.

The company has had disparate sources of ore that it has been combining into a forward mine plan since acquiring Mt Magnet and Vivien/KV and now EM. It doesn't have the luxury of one big deposit that it can just drill out to increase resources/reserves, although EM might change that picture a bit if we get lucky with the current drilling. There are plenty of other companies with big resource/reserve numbers that you can swap to (take BLK for example) if you don't like the way the management here are running the company. Esh