RMS 0.77% $1.97 ramelius resources limited

cashed up but needs to secure growth options, page-24

  1. 7,117 Posts.
    well there it is they have secured their growth option, how funny it was only a few days ago that I was thinking RMS really need to secure a growth option for their future and they look like they've picked up a real bargain

    $40m for a 3.3M oz Gold Resource (51Mt's @ 2g/tAu)
    With a mineable reserve of 474k oz Gold (8.8Mt's @1.7 g/t)

    a 1.7Mtpa mill with all the other infrastructure


    I think they have gotten a cracker deal here

    Well done to management


    Now they can look at other options for Kalgoorlie
 
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