I don't think RMS will convert Wattle Dam to reserves as it is narrow vein quartz hosted mineralization which is notoriously difficult to prove as reserve.
I don't mind.
Proving it to reserves would also cost considerable $$ and I think RMS's money is much better conserved for other things.
Proving reserves can also attract predators.
RMS is a cashed up, producing well managed company with highly prospective tenements.
Wattle Dam is Australia's highest grade gold mine.
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Last
$2.51 |
Change
0.050(2.03%) |
Mkt cap ! $2.909B | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.52 | $2.44 | $13.06M | 5.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 23006 | 6 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| RMS (ASX) Chart |