RMS 1.54% $1.98 ramelius resources limited

Ann: Production Guidance Update - March 2017 Quarter, page-59

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  1. 154 Posts.
    lightbulb Created with Sketch. 6
    Almost $26 million wiped from the market capitalization today.

    $90 million in the bank.

    Unless there is some impending issue within the company (that hasn't been announced) - I don't think it would cost us $26 million to fix it?

    Or does the grade problem represent this amount?
    Do new bearings in the Ball Mill cost $26 million a piece?
    Or 2 days rainfall = $26 million lost?

    Oversold.
 
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