RMS 1.30% $2.27 ramelius resources limited

Ann: Development Projects and Exploration Update, page-51

  1. 10,075 Posts.
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    "Penny will boost the bottom line but it's a small reserve that will be mined and processed at Mt Magnet very quickly".
    Yeah, good one, m0ngy. Haha.

    Life of Penny mine is officially 2.8 years but less because in desperation RMS will throw more resources at it.
    Cost of trucking ore from Penny to Mt Magnet will jump by 50% and Penny AISC while still low will increase by 20% imo


 
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