RMS 3.33% $2.48 ramelius resources limited

$1,000 margin, page-21

  1. 49 Posts.
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    RMS should have larger reserves, 30 June reserve statement usually released in Sept.

    SLR had 526,000oz at 30 June 2018 plus the recently purchased Doray assets of 250,000, therefore 776,000 +/- exploration/depletion since then. RMS was 698,000 at 30 June 2018 plus Tampia 200,000oz and Marda 89,000 = 987,000 then adjust for exploration/depletion.

    EV per ounce of reserve of SLR more than double RMS at current prices on my estimates.

 
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