RMS 4.39% $2.18 ramelius resources limited

Ann: Diggers and Dealers presentation, page-44

  1. 8,310 Posts.
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    by simple maths mate youre right but lets put maths aside.
    mark is gonna say what marks gonna say.
    SPR doesnt need RMS. It will be a highly profitable operation regardless
    but it sure as hell looks like RMS needs SPR, or someone else to fill the void
    if you saw SL's 5min pitch at Diggers, the revenue from 1 stope is more than most juniors quarter output
    who else is mining bulk high grade stopes? I can think only of cali in the tanami
    so if RMS decides to enter negotiations, i'm thinking it's not just cash & shares that clinch the deal
    hence, giving away half the house imo.
    but i think this is heading into the big boys territory.
    SLs probably right, RMS dont have the firepower
    anyway interesting times for all


 
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