consevative valuation, page-4

David,
Correct me if I am wrong, but you do seem to chop and change with your RMS thinking. I am certain that you were in and out and then back in and out and now you are in?

Perhaps others here also talk to people in the industry but your following remark is rather a big each way statement:

"I have a bit of an ill feeling that rms will not be as big as everyone hopes"

I think the same can be said for any and every mining project, everyone always wants it to be bigger and better than what they really anticipate will be the realistic outcome. That is normal.

You surely also understand that the element of risk with Ramelius is the unknown, high risk for high rewards.
The real difference between Ramelius and others is that RMS have taken a slowly, slowly approach and perhaps some of the feint hearted have not had the patience to see it out to the clearer picture.

Why would you even contemplate holding RMS if as you say..........

"some of the old sticks from south australia who are on the board just make me nervous"

Why would you feel nervous and still buy the stock?
Why would you be nervous of those same people that have taken the company from nothing to this juncture?

You might well speak to people in the mining industry, but for what it is worth, most of them don't seem to hand out accolades too easily and personally I prefer to make my own judgement of people than to ask outsider's for an opinion.

Having said that, welcome back aboard but don't expect RMS to reach your own expectations within your time frame.

This is a company which could well surprise (has already)
and has laid an excellent foundation at its own pace.

Cheers.