RMS 5.33% $2.13 ramelius resources limited

Ann: $15M Half Year Pre Tax Profit Guidance , page-15

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  1. 1,087 Posts.
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    Don't want to add to the confusion but my understanding is that the mill capacity is approx 570 tons per day (17.1Ktons per 30 day month) and about approx. 350 tons of ore can be mined each day if all is going well. There is of course an initial stockpile already on the ROM pad to include in calculations and I believe some lower grade ore to fill in the gaps. All these facts make calculations a bit tricky but might even improve on your previous wildest dreams legume depending on the great unknown that is a mystery to all - The Grade of the Ore. I still reckon I can guess the end result very accurately - in the words of the immortal Joe I reckon there will be "Shitloads" of gold and cash.
    P.S. What a great day, 28 shares on my watchlist, guess which was the only green one.
 
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