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14/03/25
13:34
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Originally posted by Joelstar:
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Did you listen into RMS recent conference call by any chance Chartrader? I think you are bang on with your assumptions. RMS are extension drilling at Cue, Penny and Galaxy (highly probable mine extensions at their 3 highest grade deposits). Cue is continuing to beat block model estimates. RMS are mining right in the middle of Penny's high-grade sweet spot. RMS next quarterly result will be an absolute cracker. Average gold sale price will be $500 higher QoQ. Thats an extra 40 million in FCF QoQ.
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Joel, Two questions that I am scratching my head with. What was the purpose of RMS releasing that presentation on Tuesday? Was it because the market doesn't believe they have a solid future? Have you ever seen another gold miner give a 17 year mine plan? Thanks