RMS 4.67% $1.91 ramelius resources limited

quarterly update, page-37

  1. 1,195 Posts.
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    d25... one more you forgot to mention... "lack of confidence in management's abilities"

    I don't think many people critically review the RMS ASX releases

    My advice for anyone who thinks david is a crock is to go back and read the ASX announcements for the last two years and then come back and see what has happenned since.

    They still havent created the cash generating machine they have promised us... and it seems all the once promising side projects have slipped into oblivion.

    BPT sold out for a reason

    I am hanging around to see if they actually can become a 150k oz pa producer, and also to see what cost they come in at.

    I suspect they are forecasting costs in the 4 digit range which won't leave much for shareholders; but i am sure all the mining contractors and staff will be pleased.

 
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