RMS 1.90% $2.14 ramelius resources limited

Ann: Ramelius declares Musgrave Minerals offer unconditional, page-6

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  1. 41,283 Posts.
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    Mr Market I imagine , if it has any sense , will be looking forward not back .
    Next year will be much more profitable with significant increase in production and a big drop in AISC and hence very much increased profitability .

    the only downside is next FY (may) be the last year with full production from EM mill .
    One mill contribution perhaps until Lake Roe/Rebecca cut in ......unless RMS pull a rabbit and source more ore for it
    OR unless the GP spikes and the cutback becomes economic
 
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