Sorry, Joel, for someone who seems to always have an opinion about everything, I am bereft of any ideas for Edna May. I have not been keeping up with the goings on at EM but I noticed a recent exchange between speculator101 and maybe you - or was it wassa? - that perhaps it might be prudent to put the mill into care and maintenance for a while.
Just trying to think of left field options. I know Torque Metals has some ground in the Bullseye area near enough to EM. Also an unlisted company, Bullseye Mining Ltd has tenements around the same area, near the historical Copperhead mine, but it is being hunted down by Chinese money by the looks of it. It seems that the area historically produced smallish amounts of high grade ore. Maybe Ramelius could get involved eg buy in, jv, toll treating. Torque has quite a promising project, Paris, down south of Kambalda, and perhaps it would rather focus there and get Ramelius to do the hard yards at Bullseye. My concern with any recovery effort for EM is that it could be good money after bad and I would rather Ramelius directed its focus and money on any genuine bargains about.
So, yeah, sorry again, not much of a clue.
Ann: Development Projects and Exploration Update, page-52
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.89 |
Change
-0.045(2.33%) |
Mkt cap ! $2.162B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.94 | $1.88 | $7.821M | 4.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 89751 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 14263 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |