RMS 2.00% $1.96 ramelius resources limited

Ann: Record FY24 production of 293koz, page-54

  1. 530 Posts.
    lightbulb Created with Sketch. 71
    Exactly correct, maybe i misunderstood your post joel,

    Why would SPR need to raise large amounts of dilutive capital?
    They already have an existing mill.
    They already have a camp (that RMS are currently using).
    They already have an airstrip.
    They already have water.
    They already have a gas-powered generator.
    They already have haul roads.
    They still have 90 million in cash to fully fund reserve conversion drilling, FID/LOM studies and underground portal/decline.
    still reads to me that no required capital for mill or infastructure.
    All good joel your now back in my top 3 posters i read buddy.
    Last edited by Chugchug: Yesterday, 01:05
 
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