RMS 2.19% $2.33 ramelius resources limited

Ann: Diggers and Dealers presentation, page-29

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  1. 1,128 Posts.
    lightbulb Created with Sketch. 1475
    SPR is the best gold discovery in recent times (with more potential from further ongoing exploration - there could be another Pepper or Never Never discovered along the greenstone belt. 4 rigs spinning)

    RMS would be mad to let this opportunity go, especially with all the synergies between the two

    They've positioned themselves with around 18% so that they dont lose it to anyone else
    Their plan certainly wasn't to day trade / swing trade this position. But i think if they wait too long / if SPR continues to deliver - it may become out of reach

    Will be interesting to see how this plays out
 
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