RMS 1.85% $1.86 ramelius resources limited

Ann: Eridanus Mineral Resource up 64% to 1.2Moz, page-18

  1. 38,791 Posts.
    lightbulb Created with Sketch. 505
    good point
    I suspect they might up the divi - I'd like to see a one off "special dividend " - I know they hate setting precedents that perhaps can't be maintained long term .

    and an intresting point about the optionality .
    Of course still open at depth so that and the actual grades will also impact that decision too .
    I suspect the cuback much more likely but as (or if) more ore is found deeper perhaps a small underground too .

    as to the GP , considering the rapid rise I thought the volatility reasonable and to be expected .
 
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