86,ooo oz pa for 6 yrs total production 520,000oz
with $186 million cash flow.
186m/520k total profit per ounce $357 with gold at $1150
This places the cash cost per ounce at $800 per oz
This doesnt include board fees of around $6 million, tax and contingencies.
You can deduct around 60million if you include tax $55 million and $6 million fees. Total value to RMS over 6yrs around $126 million.
If gold crashes down to $800-$900 in the recession it's worth zero. I personally think this poject is too risky.
mt magnet economics
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.94 |
Change
0.000(0.00%) |
Mkt cap ! $2.220B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 15471 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 5191 | 1 |
View Market Depth
| Last trade - 09.59am 01/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |
Day chart unavailable