RMS 1.79% $2.28 ramelius resources limited

24 cents next target

  1. 5,278 Posts.
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    They are still starting about $100 million behind the line due to captial expenses. No projections for 2013 in presentation.

    The sell to buy is 3 to 1. RMS might even fall to 18 cent mark.

    A review of grade reconciliation was conducted at Mt Magnet by independent consultants, Golder
    Associates. The review concluded that there is potential to increase milled grade "through modified
    grade control and blasting procedures".
    Very sensitive operation.

    Big worry. 21/1/2013
 
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