RMS 1.30% $2.27 ramelius resources limited

Ann: Ramelius reaches 90% in AOP takeover, page-24

  1. 40,975 Posts.
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    "has most likely committed to another $300 for the project (>$100m for a smallish very high grade satellite mine and ~ $20m for a mill and infrastructure)."

    IMO overstated and what is spent will be spent over a couple of years .
    You're writing fiction dressed up as fact .

    RMS has options if they see anything too good to miss out on ... script offer and or a raising but cashflow continues .

    " and it was a single line reference in the quarterly"
    seems another exageration intended to belittle RMS and seems to indicate a less than honest approach from you as you can see that is not the case.
    Suspended drilling , little to report .

    "Rebecca (Goldfields)
    With completion of the off-market takeover of Apollo Consolidated Limited, drilling activity was suspended in December
    2021. Detailed metallurgical testwork initiated by Apollo is currently progressing and planning for infill, exploration and
    sterilisation drill programmes
    in progress. Drilling will re-commence in February 2022. "

    Was a little interested in the part I've highlighted and what it seems to imply .
 
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