RMS ramelius resources limited

capital raising ?, page-137

  1. 6,439 Posts.
    jt

    "Has anyone considered they may bid for WGR's Central Murchison Gold Project assets? 2m odd ounces, higher grade than Mt Magnet, infrastructure in place and good regional exploration results rolling in. From memory around 6g/t average with blend of open pits and higher grade underground ore.

    Makes sense to me although not sure of distance to Mt Magnet mill?

    WGR have a history of wheeling and dealing. Perhaps $50-$60m will do the job"

    You could be smack bang on the money with that one. Perhaps 50/50 JV the CMGP with WGR. That's an "asset level acquisition" in RMS' words

    Cheers
 
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