RMS 4.02% $1.94 ramelius resources limited

Not to late and all but

  1. 1,751 Posts.
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    IMO, taking a profit is a good and sure thing. Make no mistake Tcb007 and Eshmun are alike. Rampers at all costs in stocks that they hold before selling then they do a Jenner to stay in the spotlight.

    Mt Magnet is still a low-grade mature mine and graveyard for many, read between the lines in the quarterly – several reasonable production quarterlies do not define a resurrection, only cherry picking of very deep ore blokes that are all but depleted.

    Lower production ounces and lower grades next quarter = escalating ASIC costs as forecast by the A-team.

    Don’t forget the past in predicting future possibilities. KV and Vivien are a long way from being fully funded let alone producing profitably at this point of time. A lot can still go wrong and most likely will. Balancing the view, DYOR please.
 
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