Ann: OAU: Westgold Strategic Alliance and Placement, page-49

Fair enough Wassa.

@TrendTracker - without a doubt, RMS has been able to find more gold at Mt Magnet, but... rarely has it been extremely profitable (I am trying to find a recent report that showed that very few WA miners have actually made any true profit over the last decade, WGX included!)
Penny is great but was acquired, vivien, MGV.... all bought.

I think the only reason RMS put out a 10 year plan, was to try and make Mt Magnet look like a 'long life' asset, which, it sort of is, but not a highly profitable one like CMM or GOR.

Again, well done to their board and marketing team, they are savvy, plus RMS has been a leader in providing the market with a lot more clarity about their mine plans... except recently with Edna May where they have been very coy.

I like that WGX is keeping it's powder dry in case RMS do make a move on them... 10 year plan will be far more impressive than Mt Magnets.
Though I vastly prefer WGX/Karora tie up.