RMS 1.60% $1.90 ramelius resources limited

GP+ the cutback (?), page-17

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    Well ....I'm here belatedly to take responsibility for that ......although events have overtaken by now .

    we've seen gold price rise , what ,A$400 in a month or thereabouts ......I'm thinking if it can at least hold these figures the rise is of the same order as the cost increases that made the cutback uneconomic .

    ....and ......how have RMS managed that huge free cash in a quarter ??
    Penny ore and huge production sure .....but have they managed to actually cut their costs too ?
    Very keen to look at EM figures for last quarter as an indicator of that .

    I'm beginning to half expect the cutback to happen now .......more than expecting it not to .....60/40 IMO and any further increase in GP increases that . !

    I'm unrepentant .


 
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